IAJ

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About IAJ

The business of the IAJ is managed by a Board of Directors comprising the CEOs of the Life and General Insurance Companies. The Board is made up of four representatives from the life sector and four from the General Insurance sector.

Jamaica attracted US$888 million in FDI for 2017

By | 2018-07-16T09:36:49+00:00 July 16th, 2018|news|

Minister with portfolio responsibility for investment and trade, Audley Shaw, has sought to defend reports on Jamaica's Foreign Direct Investment (FDI) inflows following a publication by the Economic Commission for Latin America and the Caribbean (ECLAC) which quoted the country as earning US$239 million less than numbers recorded by the Bank of Jamaica for the [...]

Tourism earnings up despite state of emergency

By | 2018-07-10T14:25:01+00:00 July 10th, 2018|news|

MONTEGO BAY — Tourism Minister Edmund Bartlett is excited over record growth in tourism earnings and arrivals in the first half of the year in spite of the imposition of a state of emergency in St James since January. “To come out of a state of emergency and grow in the way that we have [...]

Female investment habits

By | 2018-07-10T14:21:07+00:00 July 10th, 2018|news|

Women's roles have been evolving for years — we see women balancing being homemakers, their careers, and their investments. Let's look at what are the contributing factors affecting women in our world and how their investment strategy is perceived. Many studies have shown that women are far less aggressive than men when it comes to [...]

Bartlett welcomes endorsement of Jamaica’s Global Centre for Tourism

By | 2018-07-10T14:16:48+00:00 July 10th, 2018|news|

Tourism Minister Edmund Bartlett says that the unveiling of Jamaica's Global Centre for Tourism Resilience and Crisis Management at last week's Tourism Summit in Jordan was an astounding endorsement from the international tourism community. The conference brought together key stakeholders from the private and public sectors to discuss strategies for recovery and developing resilience, brand [...]

Expenses up and income down at FSC for 2015/16

By | 2018-07-10T14:13:26+00:00 July 10th, 2018|news|

The Financial Services Commission (FSC) says it recorded a drop of $87.29 million in its total comprehensive income for the 2015/16 financial year, moving from $245.81 million to $158.5 million. In its annual report for the year ended March 31, 2016, which was laid before Parliament on Tuesday, the FSC said the decline in its [...]

Tropical Storm Beryl speeding toward eastern Caribbean

By | 2018-07-10T14:05:13+00:00 July 10th, 2018|news|

SAN JUAN, Puerto Rico (AP) — Gusty winds began to hit the eastern Caribbean today as Tropical Storm Beryl advanced rapidly toward a region struggling to recover from last year’s deadly hurricanes. The government of Dominica said it would shut down its water system and Puerto Rico’s governor warned of likely new power outages. People [...]

Fisherfolks get insurance to cover losses during extreme weather

By | 2018-07-06T14:14:08+00:00 July 6th, 2018|news|

ST GEORGE’S, Grenada, CMC – Fishers registered with Grenada's Ministry of Fisheries are now able to receive compensation for assets damaged during extreme weather conditions. That has been made possible through the Government approving parametric insurance for the industry, which took effect July 1. The Ministry of Climate Resilience, the Environment, Forestry, Fisheries, Disaster Management [...]

Beryl becomes first hurricane of the 2018 Atlantic season

By | 2018-07-06T14:01:04+00:00 July 6th, 2018|news|

MIAMI, Florida -- Beryl has been upgraded to a hurricane, making it the first hurricane of the 2018 Atlantic season. The storm is located about 1,140 miles southeast of the Lesser Antilles with winds of 75 mph. Earlier, forecasters said the storm was likely to fizzle before becoming a threat to land. This is the [...]

Zacca calls for overhaul of public bodies governance structure

By | 2018-07-05T03:24:47+00:00 July 5th, 2018|news|

Christopher Zacca, President and Chief Executive Officer of Sagicor Group Jamaica, has charged that the government needs to move to undertake an overhaul of the governance of public bodies. Zacca contends that the issues that have arisen at the state-owned oil refinery Petrojam brings into sharp focus the importance of proper corporate governance. It has [...]

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