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 Trinidad Statement on Digital Motor Certificates At General Accident Trinidad, we are proud to align with the national transition to digital motor insurance certificates, which officially took effect on January 1st, 2025. This milestone, introduced by the Association of Trinidad and Tobago Insurance Companies (ATTIC) and the Insurance Brokers Association of Trinidad and…
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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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General Accident Maintains CariCRIS Ratings Demonstrating Sustained Strength in Local and Regional Markets KINGSTON, JAMAICA; Friday, January 10, 2025: General Accident Insurance Company Jamaica Limited (GenAc) has for the fourth year retained its ratings with the Caribbean Information and Credit Rating Services Limited (CariCRIS). GenAc received notice of its retention of jmA- (Foreign Currency Rating)…
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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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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). CariCRIS also maintains a stable outlook on the ratings. CariCRIS first issued these ratings on…
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ATTIC is advising the general public of an increase in the number of reported incidents of fraudulent motor vehicle insurance certificates. Insurance should only be obtained from and payments made to companies and/or representatives approved by the Central Bank of Trinidad and Tobago (CBTT). When seeking to purchase motor insurance from a prospective representative i.e.,…
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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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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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