Home Tag "Key Insurance Company Limited"

Key Insurance Company Reporting Loss For Q3 Of $116M And 9 Month Of JA$305M.

Chairman of Key Insurance Company Limited, Natalia Gobin-Gunter, is crediting the company’s improved financial results for the third quarter, ended September 30, 2019 to two key features, that of improved strategic underwriting enabled by robust risk management and a reduction in gross claims expense. The 22% operating performance improvement she said was comparable to that […]

Lower Margin Product Sales Negatively Impact Ttech’s Net Profits, Revenues However Up 51% For Quarter Ended September 30, 2019

Key Insurance 22% Reduction In Gross Premium Income Consistent With Underwriting Strategy To Achieve Targeted Risk Profile Businesses – Gobin-Gunter

Chairman of Key Insurance Company Limited, Natalia Gobin-Gunter is reporting for the second quarter, ended June 30, 2019 gross premium income reducing by 22% over last year’s second quarter results. Premium income recorded during the three months stood at JA$434 million in contrast with JA$559 million for 2018, which she said was consistent with their […]

Lower Margin Product Sales Negatively Impact Ttech’s Net Profits, Revenues However Up 51% For Quarter Ended September 30, 2019

Natalia Gobin-Gunter To Step Down As Chairman In The Face Of A Challenging Year For Key Insurance Company Limited

In the face of a challenging year, Key Insurance Company Limited has again experienced exceptional growth, however, the steep rise in premium income in 2018 resulted in a sharp increase in their claims experience. This was reported by Natalia Gobin-Gunter, Chairman and Non-Executive Director in the company’s just released 2018 annual report, where she also […]

Lower Margin Product Sales Negatively Impact Ttech’s Net Profits, Revenues However Up 51% For Quarter Ended September 30, 2019

Key Insurance Company Issues Three Year Turnaround Plan Covering Period 2019-2021.

The Directors of Key Insurance Company Limited (KEY) have issued a statement outlining what they have labeled as a Three Year Turnaround Plan covering the period 2019-2021. According to the statement published on the website of the Jamaica Stock Exchange, the company’s operating performance for the financial year ended 31 December 2018 was significantly influenced […]

Lower Margin Product Sales Negatively Impact Ttech’s Net Profits, Revenues However Up 51% For Quarter Ended September 30, 2019

Key Insurance Company Reporting Net Loss Of JA$167.4M, For Financial Year Ending December 2018

Key Insurance Company Limited is reporting for the financial year ending December 2018 a net loss of JA$167.4M, compared to a profit of JA$42.6M for the 2017 reporting period, this despite the company reporting an improvement in Net Premium Earned to JA$1.1B, up from JA$779M in 2017. There was also a major jump in underwriting […]

Lower Margin Product Sales Negatively Impact Ttech’s Net Profits, Revenues However Up 51% For Quarter Ended September 30, 2019

Key Insurance Reporting Turnaround In Financial Performance Recording Improved Earnings Per Share Of JA$0.022 – Gobin-Gunter

Natalia Gobin-Gunter, Chairman of Key Insurance Company Limited is reporting a turnaround in the financial performance of the company recording improved Earnings per Share of $0.022 up from -$0.023 in 2016. Addressing shareholders in their just released unaudited financial statements, she reported that net profits totalled JA$8.02 million for the period ended June 2017, a […]

Lower Margin Product Sales Negatively Impact Ttech’s Net Profits, Revenues However Up 51% For Quarter Ended September 30, 2019

Local Insurance Industry Impacted By Global Soft Market Leading To Decline In Commercial And Home Owner Property Premiums – Sandra Masterton

The local insurance industry has been impacted by a global soft market and in practical terms, has led to a continual decline in premiums, mainly commercial and home owner properties. Commenting further on the company’s performance in their just released 2016 annual report, Sandra Masterton Managing Director reported that in order to produce much needed […]

Eppley Caribbean Property Fund Acquires KPMG Head Office In Barbados

Key Insurance Reporting Growth In Gross Premium Income Of 49% Or JA$97 Million Quarter 1 Of 2017 – Sandra Masterton

Key Insurance Company is reporting growth in its gross premium income of 49 percent or JA$97 million for the first quarter of 2017 when compared to similar period in 2016. Similarly, net premium income of JA$199 million was 61 percent over the similar period in 2016. Commenting further on the company’s performance in their just […]

Lower Margin Product Sales Negatively Impact Ttech’s Net Profits, Revenues However Up 51% For Quarter Ended September 30, 2019