/Press Releases

PSOJ Supports the Limited State of Emergency

By |2018-01-22T23:35:23+00:00January 22nd, 2018|Press Releases|

The Private Sector Organisation of Jamaica (PSOJ) wants to register our support for the limited State of Emergency (SOE) called on Thursday January 18th for areas in St. James. The PSOJ had earlier this month expressed significant concern that the crime situation was out of control, as was evidenced by the brazen murders that were [...]

Disturbed at the Looming Uncertainty following meeting of the Minister and Commissioner of Police

By |2018-08-17T06:54:35+00:00January 10th, 2018|Press Releases|

Unfortunately, following what should have been a session to demonstrate unification and leadership among the leaders of the Ministry of National Security, the country is now left more concerned about the management of law and order within the country. The new year began with the hapless circumstances of the blocking of traffic to the [...]

The Jamaican Insurance Industry paid out $16,964,828,345.99 in Life Insurance Health Claims for 2016

By |2018-08-17T06:55:09+00:00April 18th, 2017|Consumer Information, Industry Data, Press Releases|

Life Insurance Health Claims paid out by the Jamaican Insurance Industry for 2016.  Click Here: HEALTH CLAIMS PAID OUT 2016 A

IAJ Press Release GCT on Health Insurance

By |2018-08-17T06:55:09+00:00April 8th, 2017|Press Releases|

The Government of Jamaica has taken a decision to tax Health Insurance Premiums by the imposition of GCT on the premiums charged effective April 3, 2017. This would increase the cost of Group Health Insurance by the current GCT rate of 16. 5 %. The premium for Group Health is usually shared by employer [...]

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Insurance Executive urges greater use of on line platforms and Social Media for Educational Purposes

By |2018-08-17T06:55:09+00:00April 7th, 2017|Press Releases|

Vernon James Vice President – Life for the Insurance Association of Jamaica (IAJ) is urging the Ministry of Education to leverage Technology to provide more access to education using smart phones and the social media.  Mr James who was speaking at the Awards Ceremony for the Mathematics Teacher of the Year, and Mathematics Week, [...]

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BANK OF JAMAICA QUARTERLY PRESS BRIEFING FEBRUARY 2017

By |2017-02-23T16:31:41+00:00February 23rd, 2017|Press Releases|

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 the government and its agencies diverted the flow of financial resources from the private sector and made investment harder and [...]

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REST IN PEACE H. JOHN PATTERSON and HERBERT HALL

By |2018-08-17T06:55:15+00:00January 5th, 2017|Press Releases|

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 after a period of illness.  Funeral arrangements will be announced in the newspaper. HERBERT HALL, former Senior Vice President of [...]

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