May 27, 2022 General Accident Insurance Company Limited (GENAC) for the three months ended March 31, 2022, reported gross premium written of $3.67 billion, 11% over the $3.30 billion reported in 2021. Reinsurance ceded rose 13% to close at $2.74 billion relative to $2.42 billion booked in 2021. Excess of loss reinsurance trended upwards by 16% to $57.04
United States: US Wage Increases Show Signs of Peaking in Welcome Sign for Fed “US inflation-adjusted consumer spending rose in April by the most in three months, indicating households were holding up in the face of persistent price pressures by dipping into savings. Purchases of goods and services, adjusted for changes in prices, increased 0.7%
May 26, 2022 PanJam, for the financial year ended December 2021, reported a favorable outcome with a 109% increase in total income due to investments rebounding from a loss of $523.25 million and closing at a gain of $2.10 billion. The company operating profit rose to $2.50 billion (2020: $315.08 million) while net profit increased
United States: US Jobless Claims Fall More Than Forecast in Tight Labor Market “Applications for US unemployment insurance declined last week by more than forecast, underscoring a persistently tight labor market. Initial unemployment claims decreased by 8,000 to 210,000 in the week ended May 21, Labor Department data showed Thursday.” https://www.bloomberg.com/news/articles/2022-05-26/us-jobless-claims-fell-by-more-than-forecast-last-week?srnd=economics-vp Europe: Russian Rate Cut
May 24, 2022 Dolla Financial Prospectus Company Disclosure - The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited
United States: US Job Jumpers Reconsider and Quit Again Soon After “More Americans are quitting their jobs than ever in the US, and fewer are sticking around in their new positions. Among workers who took a new job in 2021, the share who had been in their previous position for less than 12 months rose
May 20, 2022 In its effort to contain the liquidity expansion of the Jamaican dollar and maintain the health of the foreign exchange market, the Bank of Jamaica (BOJ) took the decision to increase the policy interest rate by 50 basis points (bps) to 5% per annum, effective 20 May 2022 among other measures. The
United States: Fed to Plow Ahead on Half-Point Hikes, Undeterred by Stock Slump “Don’t count on Federal Reserve Chair Jerome Powell to ride to the rescue of a faltering stock market -- at least not yet. Kansas City Fed President Esther George said Thursday that the market rout was no surprise in light of the
May 19, 2022 Jetcon Corporation Limited (JETCON) for the three months ended March 31, 2022, reported a 26% increase in turnover to $255.07 million (2021: $202.03 million). Cost of sales also rose by 22% to $215.37 million (2021: $176.89 million), while gross profit grew 58% to $39.70 million compared to $25.15 million in 2021. Total
USA Economic Review - April 2022 Disclaimer: 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
