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GENERAL ACCIDENT TO ACQUIRE BEACON
GENERAL ACCIDENT TO ACQUIRE BEACON Combination will create a leading Caribbean insurance company. PORT OF SPAIN, Trinidad – November 5, 2025. General Accident Insurance Company (Jamaica) Limited (JSE:GENAC) (“General Accident”) and Beacon Insurance Company Limited (“Beacon”) today announced their intention to complete a transaction which will create a leading Caribbean insurer. General Accident’s parent company…
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General Accident grows insurance revenue as it eyes regional scale
General Accident grows insurance revenue as it eyes regional scale Chairman signals strategic expansion, improved business mix and cautious optimism for 2025 performance Kingston, Jamaica — Regional insurance provider General Accident Insurance Company (GENAC) has recorded the highest insurance revenue in the company’s history, achieving earnings of $11.4 billion in 2024, an increase of $2.9…
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General Accident triples Q1 profit, appoints new J’ca CEO
General Accident triples Q1 profit, appoints new J’ca CEO General Accident Insurance Company Jamaica Limited (General Accident) tripled its net profit for the March 2025 quarter, posting $150 million, up from $55.5 million a year earlier. The company credited robust investment returns and steady insurance revenue growth for the sharp rise in earnings, even as…
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