Company News The Beacon Insurance Company Limited Joins the Musson Group A New Chapter for Insurance in Barbados and the Caribbean. We are pleased to announce that The Beacon Insurance Company Limited has been acquired by Musson Jamaica Limited and officially joined the Musson Group of Companies, effective October 31, 2025. As part of this…
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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 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 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 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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Hurricane Beryl Claims Process We hope that you and your loved ones are safe after the passing of Hurricane Beryl. If you have experienced any impacts and need to report a claim, you can follow the steps below for easy reporting. Claims Reporting: Report the Claim: Contact us as soon as it is safe to…
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Kingston, Jamaica: General Accident Insurance Company Jamaica Limited (GenAc) has maintained the jmA- (Foreign Currency Rating) issuer/corporate credit rating and jmA (Local Currency Rating) on its Jamaica national rating scale assigned by Caribbean Information and Credit Rating Services Limited (CariCRIS) for the third consecutive year in 2023.. CariCRIS first issued these ratings on December 16,…
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General Accident Insurance Company Limited (GenAc) has announced the appointment of Mrs Lesley Miller to the Board as Director and Corporate Secretary effective April 20, 2022. As GenAc’s Chief Information Officer since 2018, Mrs Miller has led the complete digital transformation of the customer service experience resulting in outstanding customer satisfaction, increased efficiency, and greater…
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The days where insurance policies were printed documents, signed manually and sent out via the post office are fast becoming history. Worldwide, the insurance industry is embracing digital innovation to develop new products, improve the responsiveness of customer service, facilitate flexibility and carry out a range of business functions such as marketing, quotations, accounting, claims…
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General Accident Insurance Company Jamaica Limited (GENAC or the Company) has been assigned initial issuer/corporate credit ratings by Caribbean Information and Credit Rating Services Limited (CariCRIS), effective December 16, 2021. The ratings of jmA- (Foreign Currency Rating) and jmA (Local Currency Rating), on the CariCRIS Jamaica national rating scale, reflect GENAC’s good market position as…
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The Financial Services Commission of Barbados issued General Accident Insurance Company (Barbados) Limited (“General Accident Barbados”) a license to operate as a registered Class 2 Insurer in Barbados on Wednesday April 16, 2020. General Accident Barbados is a subsidiary of General Accident Insurance Company Jamaica Limited, which owns an 80 per cent share of…
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Effective March 1, Pettier took over the operations of the legacy company, which is a subsidiary of the General Accident Insurance
General Accident Insurance Company Jamaica Limited (“General Accident”) today announced the acquisition of a majority stake in Motor One Insurance Company Limited (“Motor One”)
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