nsurance giant Sagicor Group Jamaica Limited thinks that business conditions have improved somewhat, compared to a year ago, but profit still dipped 18 per cent for its June second quarter to $3.4 billion.

“Unstable market conditions experienced throughout 2022 have ameliorated somewhat in the current period but continue to provide challenges, particularly to our investment banking businesses, as our net interest margin continues to be challenged by higher interest rates on customer funds,” said Jamaica’s largest insurance group.

https://jamaica-gleaner.com/article/business/20230816/sagicor-profit-slides-18