Insurance companies not underwriting due to reinsurance crisis
CONSUMERS trying to get new insurance policies are facing hurdles as insurers face challenges buying reinsurance coverage. https://www.jamaicaobserver.com/business/no-capacity/
Curated News for JSE listed companies
CONSUMERS trying to get new insurance policies are facing hurdles as insurers face challenges buying reinsurance coverage. https://www.jamaicaobserver.com/business/no-capacity/
3 months Net Profit UP 1.9%, Revenue UP 32.4% vs last year12 months Net Profit DOWN -3.4%, Revenue UP 25.4…
The Jamaican general insurance industry is in for tough times in 2023, industry members say… https://jamaica-gleaner.com/article/business/20230106/grim-2023-outlook-general-insurers-mull-rationing-coverage
3 months Net Profit UP 323.4%, Revenue UP 26.8% vs last year9 months Net LOSS UP 42.4%, Revenue UP 22.5…
Now grappling with two quarters of losses and deteriorating net premium revenue, IronRock Insurance Company says it will be courting…
3 months Net LOSS UP -143.1%, Revenue UP 10% vs last year 6 months Net LOSS UP -828.6%, Revenue UP…
https://www.jamstockex.com/ironrock-insurance-company-limited-2021-annual-report/
While insurance companies were able to write more premiums in the first quarter, rising claims costs and reinsurance placements impacted…
Blistering Earnings Reports Continue for Q1 on the JSE, while the Dow Jones, and U.S. Markets continue to Head Lower……
https://www.youtube.com/watch?v=fic7MocCa08