Feature

IAJ ELECTS NEW PRESIDENT.

Eric Hosin, President of Guardian Life was elected President of IAJ at the Association’s Annual General Meeting held in April 2016. Eric succeeds Karen Bhoorasingh, President of Guardian General who served with distinction for two years. President of the IAJ alternates between General and Life companies. Eric Hosin was also elected President of the Insurance Association of the Caribbean (IAC) at its annual conference held in Montego Bay last year.

Latest News

Medical Association still concerned about GCT on group health insurance

March 24th, 2017|0 Comments

The Medical Association of Jamaica (MAJ) says it still views the imposition of general consumption tax (GCT) on group health insurance as a retrograde step despite Finance Minister Audley Shaw indicating that entities which [...]

Shaw: GCT on group health insurance will be income-tax deductible for companies

March 23rd, 2017|0 Comments

Shaw: if employees were to pay the GCT on group health insurance, the additional cost would be minimal. The Finance Minister says companies that pay the new General Consumption Tax on group health insurance [...]

Time for islandwide motorcycle safety

March 17th, 2017|0 Comments

A training workshop by Sandals to reach motorcycle riders and passengers has been held in Negril — one of the most motorcycle-populated areas in the island. Whatever else might be occurring in other parishes, [...]

Government partnership necessary to grow Jamaica’s economy

March 16th, 2017|0 Comments

Report of the Economic Growth Council The tourism sector has long been a key pillar of the Jamaican economy. This sector, which generated over $32 billion towards the gross domestic product for the first three [...]

Unions welcome new public sector pension proposal

March 16th, 2017|0 Comments

Helene Davis Whyte, President, Jamaica Confederation of Trade Unions - file photo Helene Davis Whyte A proposal by the Jamaican Government to phase-in the five per cent pension contribution by public sector workers, effective [...]

Insurance industry players expressing optimism after meeting with Government

March 16th, 2017|0 Comments

Following a meeting at the Ministry of  Finance yesterday the insurance industry is expressing optimism that changes will be made to the plan to impose General Consumption Tax (GCT) on group health insurance. The talks [...]

Press Releases

BANK OF JAMAICA QUARTERLY PRESS BRIEFING FEBRUARY 2017

February 23rd, 2017|Comments Off on BANK OF JAMAICA QUARTERLY PRESS BRIEFING FEBRUARY 2017

Today, the Bank releases the Quarterly Monetary Policy Report (“QMPR”) for the October to December 2016 quarter. As we have discussed on many occasions, years, decades even, of feeding an insatiable appetite for borrowing by [...]

REST IN PEACE H. JOHN PATTERSON and HERBERT HALL

January 5th, 2017|0 Comments

H. JOHN PATTERSON, CLU who served as a Branch Manager of the now defunct Mutual Life and President of the Jamaica Association of Insurance and Financial Advisors (JAIFA 1984-1985 passed away on January 1, 2017 [...]

CHRISTMAS IN NOVEMBER 2016

December 22nd, 2016|0 Comments

IAJ CHRISTMAS IN NOVEMBER ALL INCLUSIVE EXTRAVAGANZA FOR MEMBERS OF THE INSURANCE INDUSTRY AND THEIR GUEST HELD AT GUARDIAN LIFE SPORTS CLUB ON NOVEMBER 19, 2016 WAS AN OCCASION TO REMEMBER. PATRONS THOROUGHLY ENJOYED THEMSELVES [...]

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