Business

Rudolph Brown/Photographer
Newly elected president of the Insurance Association of Jamaica (IAJ), Sharon Donaldson, speaks during IAJ annual general meeting at the Courtleigh Hotel in New Kingston on Wednesday, May 11, 2022.
Published 3 hours ago

General Accident posts record profit even as Hurricane Melissa drives rare quarterly underwriting loss

General Accident Insurance Company Jamaica Ltd (GenAc) closed 2025 with its strongest annual profit on record, even as Hurricane Melissa pushed the December quarter into an underwriting loss. It was…
From left: Simon Browne, director, YS Falls; Martine Fontaine, senior executive director, Fraser, Fontaine & Kong (FFK); and Gerard Fontaine, president, FFK, during the FFK Parametric Insurance Seminar in Kingston.
Published 3 hours ago by Neville Graham

Trigger-based insurance that can pay out before adjusters arrives

Local insurance brokerages are pushing parametric coverage as a complement to traditional policies for companies still stinging from shortfalls exposed by two recent hurricanes — and one Kingston firm…
Business
Published 3 hours ago

Oran A. Hall | Taking lenten discipline to personal finance

Ash Wednesday, February 18, marked the beginning of Lent, forty days of preparation for Easter, for many Jamaicans. Beyond its religious significance, this time of renewal can also be a period of…
Business
Published 3 hours ago

Trump orders US agencies to stop using Anthropic technology in clash over AI safety

The Trump administration on Friday ordered all US agencies to stop using Anthropic’s artificial intelligence (AI) technology and imposed other major penalties, culminating in an unusually public clash…
Medical syringe and medicine.
February 27, 2026

Regulator orders drug divestment for $30-billion-plus insulin market

Acado Limited, a Caribbean joint venture, must sell the local distribution rights to one of its insulin brands by September 2026 — or lose the right to complete a landmark acquisition, according to a…
From left: Senator Aubyn Hill, minister of industry, investment and commerce; Handel Lamey, construction manager, Derillion; Benjamin Daley, director, Derillion; Rochelle Lewis, manager, Manufacturing, Logistics and Special Economic Zones, JAMPRO; Shullett
February 27, 2026

Battery plant set for St Catherine at US$30m

A British-Jamaican green energy consortium plans to set up a high-voltage battery manufacturing facility in St. Catherine, in what would be the first plant of its kind in the island. Aqvastor…
February 27, 2026

BOJ predicts stable US dollar

The Bank of Jamaica (BOJ) projects that the US dollar will remain largely stable against Jamaica’s major trading partners over the next two years, though the central bank stopped short of offering a…
Business
February 27, 2026

Jamaica powers Excelerate Energy to record year, despite hurricane setback

Excelerate Energy delivered record financial results in 2025, with its Jamaican operations emerging as the single biggest driver for the US-based liquefied natural gas (LNG) company. The company…
Caribbean Producers Jamaica Chairman Richard Pandohie.
February 27, 2026

CPJ quarterly sales slashed in half

Caribbean Producers Jamaica Limited (CPJ), which provides food and beverage to the hotel trade, reported that its quarterly revenue were slashed in half due to travel disruptions caused by Hurricane…