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NIF recorded J$28.33 billion surplus during financial year 2023-2024

The National Insurance Fund recorded a surplus of J$28.33 billion during the financial year 2023/2024 as its total assets jumped to $193.64 billion. 
 
This was made up of $98.74 billion in investment securities; $39.82 billion in equities and $33.90 billion in unit trust assets. 
 
The fund's net assets dipped, however, to $190.71 billion after the $2.93 billion in outstanding payables were subtracted.
 


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