Jamaican insurers report J$54.35 billion in Melissa payments; 983 claims remain
Jamaican insurers report substantial hurricane payments, but category differences and the definition of settlement leave important gaps before the FSC’s planned review.
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Jamaican insurers report substantial hurricane payments, but category differences and the definition of settlement leave important gaps before the FSC’s planned review.
Canada leads a rise in airline commitments for January-April, while passenger traffic and unavailable hotel rooms show that the recovery remains unfinished.
FosRich’s creditor request is part of a wider repair plan involving cost cuts, bank restructuring, property financing and proposed new equity.
The operator adds a Discovery Bay project to its regional portfolio, with construction, future earnings and further expansion still subject to their reported qualifications.
The proposed Caribbean Sustainability Bond would pool smaller projects for institutional finance, with the roadshow, pricing and investor commitments still ahead.
The Fed and FDIC’s review covers plans submitted by 15 large banks, and clears a previously identified BNP Paribas issue.