Feature
The 2020 IAJ YEARBOOK – TENTH EDITION is now available. The publication contains several interesting and informative articles along with the Jamaican Insurance Industry’s 2019 statistics. The statistics reflect the 2019 performance over 2018. A number of the member companies of IAJ have provided assistance in this publication and their presence is reflected in the Yearbook. The Yearbook is presented in TWO sections. Part1 contains articles and other valuable information while Part 2 contains the Statistics. CLICK HERE FOR THE TWO SECTIONS.IAJ YEARBOOK 2020 PAGES OCTOBER UPDATED DEC 30 PART 12020 YEARBOOK STATISTICS updated DEC 30 PART 2
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Latest News
General Accident finalises expensive Caribbean reorganisation
General Accident Insurance Company has completed its expensive reorganisation and rebranding of its Caribbean subsidiaries in Barbados and Trinidad. The company incurred heavy start-up cost for its Barbados subsidiary, which was launched last year. The [...]
PAHO director says the Americas should be a ‘global priority’ for COVID-19 vaccines
WASHINGTON, United States (CMC) — Pan American Health Organization (PAHO) Director Dr Carissa Etienne yesterday described the Americas, which includes the Caribbean, as the “epicentre” of the COVID-19 pandemic and called on the international community [...]
ADVERTORIAL | Digitalisation of financial services will bring more people into the formal economy
With the adoption of more digital channels, experts in technology and the business sector are of the view that more businesses and persons will be forced to enter the formal economy. “The coronavirus pandemic has [...]
JPS pumps US$16m into Nest power plant
File The power plant under construction at ‘The Nest’ is costing US$16 million or $2.4 billion in local currency, utility company Jamaica Public Service Company, JPS, has said. The 10 Megawatt power plant, which will [...]
Fed in no hurry to raise interest rates
United States Federal Reserve Chairman Jerome Powell told Congress on Wednesday that the central bank will not start raising interest rates until it believes its goals on maximum employment and inflation have been reached. Powell [...]
Jamaican economy shrinks 9.4%
The Jamaican economy contracted by 9.4 per cent in the December quarter, dragged down by the services sector. While the goods sector declined by a marginal 0.6 per cent, services shrank by 11.5 per [...]
Press Releases
BOJ NEWS RELEASE: WHICH INFLATION RATE DOES BOJ TARGET?
On Friday, 15 January 2021, the Statistical Institute of Jamaica (STATIN) published its bulletin for the Consumer Price Index for December 2020. In this report, it was noted that, for calendar year 2020, the inflation [...]
ICWI Donates $1m to Jamaica Reach to Recovery
Kingston, Jamaica; Jamaica Reach to Recovery (JRR), the support arm of the Jamaica Cancer Society (JCS), was presented with a cheque for JMD$1,000,000 from the Insurance Company of the West Indies (ICWI) on Friday, October [...]
GenAc TT launches Nov 2 Motor One re-brands to expand General Accident Insurance footprint in the Caribbean
KINGSTON, JAMAICA: General Accident Insurance Trinidad and Tobago (GenAc TT) will officially launch its operations on Monday, November 2, 2020. FOR IMMEDIATE RELEASE - GENERAL ACCIDENT
Advantage General
BCIC
Soctia Insurance
NCB Insurance
General Accident
ICWI
JN GENERAL INSURANCE
CMFG Life Insurance Company
JIIC
Guardian Group
American International Group, Inc.
Key Insurance Jamaica
Sagicor
Guardian Life Limited
