Published:Friday | August 26, 2022 | 12:13 AM Barbados-based regional insurance company Sagicor Financial Company Limited, SFC, has announced its purchase of ivari, a Canadian individual life insurer, in a C$325-million deal. The acquisition, Sagicor Financial said in a release, is part of its geographical expansion and growth acceleration. It
r. NEW entrant in the alcoholic beverage market, 24 Karat beer is moving to significantly increase market shares as it sets a precedent for growth in Jamaica over the next few years. Manufacturer and entrepreneur Peter Bovell and his business partner Richard Lee are the co-founders and owners of the
Canopy Insurance has disclosed plans to enter the individual life insurance business as early as the second quarter of next year. Individual life insurance refers to a life insurance policy covering a single life, in contrast to group life insurance, which covers many lives. "We started with group health primarily
Monetary Policy Press Statement: QMPR Press Conference Governor's Monetary Policy Press Statement (Aug 2022).Final
the rate hikes could pause. THE Bank of Jamaica (BOJ) has raised its key policy rate for an eighth time since October last year, taking it to an almost 10-year high, but is already signalling that it "is prepared to pause" the rate increases "if the incoming data continue to
The Planning Institute of Jamaica (PIOJ) in its latest preliminary data on gross domestic product (GDP) performance has estimated growth of 5.7 per cent during the April-June quarter. Director general of the PIOJ Dr Wayne Henry, speaking at a quarterly briefing on Thursday, said that growth was largely influenced
Consumer goods moved from US$429.6 million in 2021 to US$592 million in the period under review, reflecting an increase of 37.8 per cent JAMAICA'S imports for January – April 2022 grew by 34.4 per cent in value when compared to the same period in 2021, according to figures from the
f you're serious about creating wealth, you've probably already heard that investing is the best way to go. If you're diligent about it, you've probably been snatching up those great deals and IPOs the moment they become available. If you're like that, then it's safe to say you've already
Sagicor Group Jamaica announced this week that it has completed the purchase of the securities dealer book of Alliance Investment Management Limited, AIML, by its subsidiary Sagicor Investments Jamaica Limited. The price of the acquisition and the size of the portfolio of business were not disclosed. In a media statement
Contributed Michelle Anderson (right), chief operating officer, British Caribbean Insurance Company (BCIC), was guest speaker at the Transport Operators Development Sustainable Services (TODDS), TODDS/BCIC Blue Ribbon First Responders Holistic Training Programme ceremony on August 11. She is presenting a certificate of completion to a member of the graduating cohort while
