As we approach the 100th anniversary of the year when women were first admitted to the Institute of Actuaries of the UK, I thought it would be interesting to reflect on some of female pioneers of the profession. The honour of being the first female actuary is usually ascribed to
Behavioural Finance is the study of investor behaviour, which endeavours to understand and explain how investors think, act and why they do what they do. Most investors understand the concept of buying low and selling high. However, because they allow fear, greed and other emotions to influence them, they tend
FOR the first time in its 20-year history, Guardian Life Limited has achieved a consolidated net profit of $6.9 billion. The announcement was made by Eric Hosin, president, Guardian Life, during the company's 19th Annual Awards Ceremony hold on Saturday, March 9, 2019 at the Sunken Gardens, Hope Gardens in
JAMAICA no longer has a McDonald's fast food restaurant, so it is not included in The Economist newspaper's Big Mac Index. It is one of the few places that doesn't have a restaurant from that American chain, and the Big Mac is sold in some 120 countries. But if the
ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER QUESTION: I am seeking your advice on how to best invest $750,000, which I have in my credit union. I have been working for over 13 years in my current job. I have been saving an average 10 per cent of my salary in my
Food and financials services conglomerate GraceKennedy Limited plans to raise up to $500 million in a refinancing deal. The facility will replace a US dollar-denominated loan utilised to fund the build-out of its logistics centre in the United States, said Group CEO Don Wehby. GK Capital Management Limited, a member
BRIDGETOWN, Barbados, CMC – The Caribbean Development Bank (CDB) says despite projections of deceleration in global economic activity, the 2019 economic outlook for its borrowing member countries (BMC) is positive. “CDB is projecting that real GDP (gross domestic product) growth will be 2.1 per cent, as construction, tourism, and the
Shadow Finance Minister Mark Golding began his budget speech yesterday by noting “the burning issue of low growth”, observing that even what he called the “modest but achievable” growth targets the last PNP Administration had set for the years 2013/2014 to 2019/2020 had now slipped — and that if they
PUBLIC PROCUREMENT REFORM Public procurement reform, pursued over the last five years, will come into force in the next financial year. I remind this House that the Public Procurement (Amendment) Act was passed in August, 2018 and two sets of related regulations were passed in June and July, 2018. I
Minister of Finance and the Public Service, Dr Nigel Clarke (third right), joins David O'Brien (second right), chairman, and other executives of the newly formed Massy United Insurance, Jamaica, to cut the ribbon at Wednesday's launch at the Pan Jamaican building in New Kingston. Others in the picture from left
