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CariCRIS reaffirms ‘good creditworthiness’ ratings of General Accident Insurance Company Jamaica Limited
CariCRIS reaffirms ‘good creditworthiness’ ratings of General Accident Insurance Company Jamaica Limited Caribbean Information and Credit Rating Services Limited maintains stable outlook on ratings Jamaica National Scale Foreign Currency jmA- Jamaica National Scale Local Currency jmA These ratings indicate that the level of creditworthiness of this obligor,adjudged in relation to other obligors in Jamaica, is…
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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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