April 27, 2017 5:20 PM ET

Insurance

Company Overview of Key Insurance Company Limited

Company Overview

Key Insurance Company Limited operates as a general insurance company. The company underwrites motor, commercial and personal property, and causality insurance products. The company is based in Kingston, Jamaica.

6c Half Way Tree Road

Kingston,  5

Jamaica

Key Executives for Key Insurance Company Limited

Key Insurance Company Limited does not have any Key Executives recorded.

Key Insurance Company Limited Key Developments

Key Insurance Company Limited Announces Management Changes

Key Insurance Company Limited has advised of the resignation of Mr. Charlton Hylton as a Director and Financial Controller on account of personal reasons with effect as at December 10, 2016. Mrs. Jacqueline Leckie Johnson, who is a Chartered Accountant and a Fellow of the Chartered Association of Certified Accountants, has been appointed as Finance Director and will lead the Company's Finance Department.

Key Insurance Company Limited Announces Resignation of Nicola Cooper as Member of Audit Committee

Key Insurance Company Limited has advised that Ms. Nicola Cooper, a member of the company's Audit Committee, has resigned her position on account of personal reasons, with effect as at September 30, 2016.

Key Insurance Company Limited Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Key Insurance Company Limited announced unaudited earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported gross premium written of JMD 288,154,000 compared with JMD 307,974,000 for the same period a year ago. Net premiums written were JMD 161,795,000 compared with JMD 112,470,000 for the same period a year ago. Net premiums earned were JMD 142,948,000 compared with JMD 105,057,000 for the same period a year ago. Loss before taxation was JMD 21,330,000 compared with JMD 7,715,000 for the same period a year ago. Net loss after taxation was JMD 21,345,000 compared with JMD 7,730,000 for the same period a year ago. Loss per share was JMD 0.06 compared with loss of JMD 0.02 for the same period a year ago. For the six months, the company reported gross premium written of JMD 486,735,000 compared with JMD 489,136,000 for the same period a year ago. Net premiums written were JMD 285,148,000 compared with JMD 219,022,000 for the same period a year ago. Net premiums earned were JMD 260,869,000 compared with JMD 285,794,000 for the same period a year ago. Loss before taxation was JMD 18,312,000 compared with profit before taxation of JMD 68,489,000 for the same period a year ago. Net loss after taxation was JMD 18,342,000 compared with net profit after taxation of JMD 68,459,000 for the same period a year ago. Loss per share was JMD 0.05 compared with earnings per share of JMD 0.21 for the same period a year ago. Net cash used in operating activities was JMD 72,580,000 compared with JMD 13,625,000 for the same period a year ago. Acquisition of property, plant and equipment was JMD 24,094,000 compared with JMD 2,511,000 for the same period a year ago.

Similar Private Companies By Industry

Company Name Region
Blue Cross Jamaica Limited Americas
Dyoll Group Limited Americas
Jamaica Mutual Life Assurance Company Americas
Advantage General Insurance Company Limited Americas
AIG Jamaica Insurance Company Limited Americas

Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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