Sub-Deck:

* Insurance Company of Bahamas sees net claims jump 205% or $891k to end-Q3 2011

* Analysts say J. S. Johnson parent has little short-term 'upside;, due to economy, ICB and expenses

* Total expenses up 44% in Q3 2011

By NEIL HARTNELL

Tribune Business Editor

J. S. Johnson's bottom line fundamentals have little "upside" in the short term, analysts at a leading Bahamian brokerage house believe, with its general insurance underwriting affiliate suffering a 60 per cent net income decline for the first nine months of 2011.

RoyalFidelity Capital Markets, in an analysis of the company's 2011 third quarter results, said any increase in J. S. Johnson's p ...

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