Sagicor Group shareholders take a close look at the financial performance of the company. (Photo: Karl McLarty) Sagicor was forced to fork out $11.45 payouts in insurance claims arising from a large number of death claims last year. While pointing to this issue, Sagicor reports that there was also a

Peter Melhado took over as the chairman of Sagicor Group Limited on Monday, July 1 after a special meeting of the group's directors prior to the holding of the company's annual general meeting. Melhado replaces Richard Byles, who resigned as chairman of the conglomerate to take up the position as

Members from the SMEs sector are attentive as they listen to a panel discussion from key stakeholders. (Photos: Karl McLarty) The banking sector came under heavy criticism on Wednesday, as the Small and Medium-Sized Enterprises (SMEs) fraternity came out in a no-nonsense mode to tackle the issues and get answers

QUESTION: My house burnt down in 2017. The fire began in a vehicle that was parked in the carport. It spread to engulf the car and destroyed the house. The former was insured under a comprehensive motor policy. The house was not insured. The car was owned by the former

QUESTION: I am seeking your advice on how to obtain a loan to purchase an investment property. I was made redundant a few years ago, so I currently don’t have a job, but I have a property that is rented. My income is rental income, and I need to purchase

After 56 years, general insurance company BCIC is betting that downtown Kingston is the place to be. A $50 million renovation of one floor of BCIC’s Duke Street Head Office is just the first phase of a three- to four-year makeover for the company, according to Managing Director Peter Levy.

The turnaround plan submitted by Key Insurance will cull risky motor policies as an important strategy to return to profit in 2020. Key Insurance will cull risky motor policies under a turnaround plan that is meant to return the general insurer to profitable status in 2020. The 20-page plan references

Tourism Minister Edmund Bartlett has said the Tourism Workers' Pension Scheme, designed to provide retirement benefits for all industry workers, is on track to be implemented by January 1, 2020. Mr. Bartlett said by then the first set of applicants should be registered for the landmark plan. He was speaking

BUYING property with another person may appeal to some individuals. If you are one of them and you decide to buy a property with someone else — be it your spouse, child(ren), business partner, or friend — one of the most important factors to consider is your ownership (holding) options,

KINGSTON, Jamaica — Micro, small and medium-sized (MSMEs) manufacturers will soon be able to benefit from new a loan facility offered by the National Export-Import (EXIM) Bank of Jamaica at an interest rate of 4.75 per cent. State Minister in the Industry, Commerce, Agriculture and Fisheries Ministry, Floyd Green, made