February 04, 2020 IronRock Insurance Company Limited (ROC), for the year ended December 31, 2019 posted gross premiums of $701.42 million relative $571.84 million; representing a 23% increase. Fourth quarter gross premium amounted to $226.81 million, a 19% increase when compared to $190.33 million for the corresponding quarter of 2018. Proportional reinsurance amounted to $413.41 million
United States: Trump Administration Clears Way for New Currency Tariffs “The Trump administration is going ahead with controversial new rules that would clear the way for the U.S. to start applying punitive tariffs on goods from countries accused of having undervalued currencies, the Commerce Department said Monday. The move would give new muscle to U.S.
Date: February 3, 2020 CPJ has advised that outgoing CEO, Dr. David Lowe, has been engaged as a consultant following his resignation which took effect on January 31, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as
Date: February 3, 2020 PROVEN has advised that the Company and Sagicor Investments Jamaica Limited (“Sagicor Investments”) have entered into an underwriting agreement in respect of the proposed Additional Public Offering (“APO”) of ordinary shares recently announced by PROVEN. PROVEN has further advised that Sagicor Investments’ commitment under the Underwiring Agreement, which is subject to
February 03, 2020 In December, personal income rose $40.7 billion (0.2%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $30.6 billion (0.2%) and personal consumption expenditures (PCE) grew $46.6 billion (0.3%). Real DPI rose 0.1% in December and Real PCE climbed 0.1%. The PCE price
February 03, 2020 Weekly Picks 03.02.20 MEEG Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be,
February 03, 2020 United States: Senate to Hear Final Arguments on Charges: Impeachment Update “President Donald Trump is set to be acquitted of two impeachment charges in final votes set for Wednesday at 4 p.m. Before then, senators will hear lawyers’ closing arguments and have two days for debate.” https://www.bloomberg.com/news/articles/2020-02-03/senate-to-hear-final-arguments-on-charges-impeachment-update?srnd=premium Europe: Pound Slumps Before Start
January 31, 2020 Access Financial Services Limited (AFS) for the nine months ended December 31, 2019, reported total interest income of $1.28 billion, a 3% increase when compared with the $1.24 billion reported for the same time period in 2018. Of this, Interest Income from Loans amounted to $1.27 billion (2018: $1.23 billion) while Interest Income
Date: January 31, 2020 NCBFG has declared an interim dividend of $1.00 per ordinary stock unit. The dividend is payable on March 2, 2020 to stockholders on record as at February 14, 2020. The ex-dividend date is February 13, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of
Date: January 31, 2020 MPCCEL has advised that Mr. Gerard Borely has resigned as Director and Chairman of the Company effective January 31, 2020. MPCCEL has further advised that Mr. Jose Fernando Zuniga Galindo has been appointed Chairman of the Board of Directors of MPCCEL effective February 1, 2020. Analyst Certification -The views expressed in
