Key Insurance Company Limited (KEY) has advised that the COVID-19 pandemic continues to have significant adverse effect on the Company’s ability to submit its Audited Financials for 2019 to the Jamaica Stock Exchange. KEY states that the difficulty faced by the Company is that completion of the audit process requires the input of reinsurance professionals and actuarial consultants that are based in markets such as the USA and Europe, which have been severely impacted by the disease. KEY advised further that the process is close to completion and requested a further extension of the deadline to May 15, 2020.
The Company also advised that additional time will be required to submit its Annual Report consequent that the 2019 Audited Financials have not yet been finalized. KEY has requested an extension of the deadline to May 29, 2020, to file the Company’s Annual Report.
KEY further advised that an advisory will be published in the newspaper.
