Neville Graham - Business Reporter

Tammara Glaves-Hucey, head of general insurance, GraceKennedy Financial Group.
December 12, 2025 by Neville Graham - Business Reporter

GK reorganises insurance arm

GraceKennedy Limited has announced leadership changes in its insurance segment, the latest shuffle in the conglomerate’s strategic evolution, according to Steven Whittingham, CEO of GraceKennedy Financial Group Limited. Insurance accounts for around 14 per cent of GraceKennedy’s groupwide holdings and is the second largest revenue earner for the food and financial services group, whose businesses are spread across Jamaica, the Caribbean, North America, United Kingdom, and elsewhere.

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Group CEO of General Accident Insurance Company Jamaica Limited, Sharon Donaldson.
December 12, 2025 by Neville Graham

Genac aiming to become regional powerhouse as Beacon joins group

General Accident Insurance Company Jamaica Limited is expanding through the addition of a new subsidiary, Trinidad-based Beacon Insurance Company Limited, which will create one of the largest regional…
The Seprod complex at Felix Fox Boulevard in Kingston.
December 12, 2025 by Neville Graham

Seprod surging at the top line, but cost of expansion weighs heavy

Seprod Limited delivered another quarter of robust revenue growth, buoyed by its regional acquisitions and expanded distribution footprint. However, the gains at the top line have not translated into…
Jacqueline Hawthorne-Robinson, new CEO of Golden Krust Caribbean Bakery & Grill since August 2025.
December 12, 2025 by Neville Graham

Golden Krust to expand 50% in five years under new CEO

Golden Krust Caribbean Bakery & Grill, the brand that brought the Jamaica’s beloved patties to multiple parts of America, is about to expand under a five-year programme that should grow the…
Business
December 12, 2025 by Neville Graham

Indies Pharma raises new bond, board to determine roll-out of HQ project

Pharmaceutical distributor Indies Pharma Jamaica Limited is expected to tackle the development of its prime real estate holding at Ironshore in Montego Bay, having raised funds to refinance existing…
John Mahfood, CEO of Jamaican Teas Limited.
December 12, 2025 by Neville Graham

Jam Teas grows yearly earnings

Jamaican Teas Limited emerged relatively unscathed by Hurricane Melissa, with no damage to its complex at Temple Hall nor its supermarket and unsold studio apartments. Additionally, two-thirds of the…
Business
December 12, 2025 by Neville Graham

Market rewards Paramount Trading comeback in first quarter

Investors responding positively to Paramount Trading Jamaica Limited’s turnaround performance in its first quarter ended August. PTL shares closed at $0.94 on the junior market of the Jamaica Stock…
Winsome Gibbs, country manager for CG United Insurance Jamaica.
December 12, 2025 by Neville Graham

CG United calls in help after Melissa to serve affected policyholders

In the wake of Hurricane Melissa’s devastating sweep across Jamaica, CG United Insurance Limited has mobilised a regional disaster recovery team to support its Jamaican operations and assist affected…
IronRock Insurance Company headquarters in Kingston.
December 12, 2025 by Neville Graham

IronRock shrugs off Q3 loss, foresees better outcomes at year end

IronRock Insurance Company Limited has reported losses of $10.13 million for the third quarter ended September 2025, reversing a profit of $7.8 million in the corresponding period last year. But CEO…
December 12, 2025 by Neville Graham

RJRGLEANER aims to transform into a more agile operation

Amid ongoing efforts to reverse financial losses and transform the multimedia business, Radio Jamaica Limited, which trades as RJRGLEANER Communications Group, updated shareholders on plans to break…