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Lee-Chin's Advantage General To List On Jamaica Stock Exchange (JSE)

After 47 years as a privately run general insurance company, Advantage General plans to go public and list on the Jamaica Stock Exchange (JSE) within the next three months.

The company which has been in operation since 1964 says it plan to raise between J$450 and J$650 million in its initial offering of shares to the public.



Global Administrator | 01/01/2011


Risky Bus Ride
Risky Bus Ride

Thousands of commuters who travel on public passenger Coaster and Hiace buses operating as stage carriages on our nation's roads each day, may not be compensated if the buses crash and they are injured, regulatory bodies have confirmed.

Global Administrator | 02/07/2010


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Strata Commission To Oversee 2,400 Residential Complexes

Strata Commission To Oversee 2,400 Residential Complexes - The newly created Commission of Strata Corporations, which will monitor and oversee some 2,400 strata developments, is now in place.

 



Global Administrator | 01/05/2010


BOLT - Advantage General settles claim in super fast time
BOLT - Advantage General settles claim in super fast time

Triple Olympic gold medallist Usain Bolt will take his training to another level since his car accident three weeks ago on Highway 2000 in St Catherine.

 



Global Administrator | 05/12/2009


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Why Strata Reform Makes Sense

Why Strata Reform Makes Sense - The Registration (Strata Titles) Act became operative on August 22, 1969. The first Strata Plan - Strata Plan No. 1 - was registered by the registrar of titles on April 2, 1970.

 



Global Administrator | 30/08/2009


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New bill gives strata owners more rights

AFTER YEARS of persistent appeals from owners of strata properties for changes to the Strata Titles Act, parliamentarians will in September continue debate on amendments to the legislation with a view to passing the bill into law.



Global Administrator | 31/07/2009


Advantage General targets strata market
Advantage General targets strata market

Advantage General Insurance Company has rolled out a product targeted at strata corporations, entities which will soon be expected to adhere more vigorously to insurance requirements under the amended Strata Titles Act.

 



Global Administrator | 05/07/2009


Mr. Usain Bolt's Record-Breaking Insurance Settlement
Mr. Usain Bolt's Record-Breaking Insurance Settlement

We have no choice but to concur with the comment from British athlete, Mr Marlon Devonish after yet another sensational performance from Mr Usain Bolt - this time at the Manchester street race in chilly, rain-soaked northern England.



Global Administrator | 03/07/2009


MORE BREACHES: Majority of general insurers fail asset tests, but s...
MORE BREACHES: Majority of general insurers fail asset tests, but sector showed strong profit growth in '08

All general insurers, excepting one, who have published their financial statements for last year reported an improvement in profit, but five of the eight did not have sufficient assets to cover the minimum required by the regulator.



Global Administrator | 03/07/2009


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Mixed Fortunes for AGI

A compressing equities market ate away nearly $470 million from Advantage General Insurance Company's (AGI) investment reserve, dragging down the company's asset base below the minimum required by the regulator.



Global Administrator | 03/07/2009

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