AGP Executive Report
Last update: 8 hours agoHurricane Recovery: Insurers say 91.1% of Hurricane Melissa property and motor claims have been settled, with J$59.4 billion paid; 915 claims remain outstanding. The American Friends of Jamaica has disbursed US$7.4 million for recovery, supporting homes, farms and schools. Financial Services: Sagicor Jamaica shareholders approved a proposed Caribbean reorganisation, though court, regulatory and other approvals are still required. The Financial Investigations Division is also launching a campaign to warn young Jamaicans about money-mule scams. Trade and Markets: Jamaica’s merchandise trade deficit reached US$3.7 billion by July. The Bank of Jamaica withdrew another J$28 billion through certificates of deposit, while its losses fell to J$2.7 billion and assets rose to J$1.4 trillion. Tourism Investment: Tourism Minister Edmund Bartlett is urging Jamaicans in Canada to invest, share expertise and help connect local tourism businesses with international markets.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.