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Insurers draw $78b from reinsurers to settle Hurricane Melissa claims

Insurance companies received a near sixfold increase in reinsurance funds to settle claims arising from Hurricane Melissa, according to the latest data from...

Jamaica Broilers sells poultry unit in US operations

Jamaica Broilers Group Limited (JBG) announced plans to sell its chicken processing plant in South Carolina, marking the first asset sale since its...

Economist urges Jamaica to leave oil alone

University of the West Indies (UWI) economist Dr Damien King hopes Jamaica never strikes commercially viable oil – and he means it. King,...

Quantas, co-founded by former Scotia execs, eyes JSE listing

Quantas Advantage Inc, led by former bank executives, aims to raise US$9.4 million through an initial public offering (IPO) on the Jamaica Stock...

Counterfeiters target Jamaicas plastic banknotes

Fraudsters are counterfeiting Jamaica’s plastic polymer banknotes, according to the regulator in its annual report. The Bank of Jamaica (BOJ), however, insists it...

CUNA Mutual cranks up presence after 2025 success

CUNA Caribbean Insurance Jamaica Limited, the local arm of US-based CUNA Mutual Group and the long-standing insurer to Jamaica’s credit union movement, plans...

Gas prices going down $0.25 on Thursday

After several weeks of increases, motorists will pay a bit less for gas come Thursday. The state-owned oil refinery, Petrojam, says...

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