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
US Federal Reserve Chair Jerome Powell sees US boom ahead, with COVID-19 still a risk
WASHINGTON, United States (AP) — The US economy is poised for an extended period of strong growth and hiring, the chair of the Federal Reserve said in a recent interview, though the novel coronavirus still [...]
Financial Services Commission to improve supervisory capabilities
The Financial Services Commission (FSC) plans to restructure its operations, improve its supervisory capabilities, and facilitate the expansion of the financial markets. This, while ensuring the safety and soundness of regulated entities and greater consumer [...]
Net International Reserves just below IMF target for March 2021 at US$3.31 billion
Jamaica's Net International Reserves (NIR) is currently running just below the International Monetary Fund's (IMF) March 2021 target of US$3.49 billion. The NIR out-turn last month increased to US$3.31 billion, reflecting a jump of US$303.15 [...]
39% surge in net remittance inflows in January 2021
Jamaica recorded a big surge in net remittance inflows of US$224.4 million in January 2021, representing a US$62.9 million jump or 39.0 per cent increase relative to January 2020 based on the latest results of [...]
CDB to implement multi-tiered response to St Vincent crisis
The Caribbean Development Bank (CDB) says it is coordinating a multi-tiered response to the crisis in St Vincent and the Grenadines caused by the eruption of the La Soufrière volcano. "The Caribbean Development Bank joins with the regional [...]
Understanding Bank of Jamaica profits
On April 1, 2021, Bank of Jamaica (BOJ), in accordance with the Bank of Jamaica Act, made a distribution to the Government of Jamaica (GOJ) of $32.6 billion from accumulated profits for the period 2018-2020 [...]
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 [...]
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 [...]
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
