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IMF Executive Board Completes Ninth Review Under the IMF’s Extended Fund Facility Arrangement for Jamaica and Approves US$39.7 Million Disbursement

By |2015-10-27T09:57:57+00:00October 27th, 2015|Press Releases|

Press Release No. 15/434 September 23, 2015 The Executive Board of the International Monetary Fund(IMF) today completed the ninth review of Jamaica’s economic performance under the program supported by a four-year, SDR 615.38 million (about US$932.3 million at the time of approval) arrangement under the Extended Fund Facility (EFF)" http://www.iaj-online.com/secure/wp-content/uploads/2015/10/Press-Release_-IMF-Executive-Board-Completes-Ninth-Review-Under-the-IMFs-Extended-Fund-Facility-Arrangement-for-Jamaica-and-Approves-US39.pdf

PRESIDENT’S ADDRESS AT IAJ 2015 HEALTH FAIR

By |2018-08-17T06:55:28+00:00October 9th, 2015|news|

Ladies and Gentlemen, thank you all for coming, next month the Insurance Association of Jamaica (IAJ) celebrates its 10th Anniversary. The IAJ was formed from the merger of the Jamaica Association of General Insurance Companies (JAGIC) and Life Insurance Companies Association (LICA). There are nine General Insurance Companies and six Life Insurance Companies. So far [...]

CAREERS IN THE INSURANCE INDUSTRY

By |2018-08-17T06:55:28+00:00October 9th, 2015|Career Opportunities|

The insurance industry makes a significant contribution to the country’s economic development and provides excellent opportunities for personal development. The industry offers a number of stimulating and rewarding job opportunities and provides employment for many occupational groups. Some jobs are common to other commercial enterprises but some are unique to the industry and require specialized [...]

DEATH CLAIM

By |2015-10-09T08:55:47+00:00October 9th, 2015|Claims Settlement|

Death Claim  □ Policy Contract □ Indemnity for Lost policy (to be presented if policy contract is lost) □ Claimant Statement (Death Claim) □ Claim Discharge Form (to be signed by the beneficiary (ies)/ trustee(s)/ Executor(s) and signature(s) witnessed as instructed on the form) □ Certificate of Death showing Cause of Death □ Proof of [...]

LIVING BENEFITS CLAIMS

By |2015-10-09T08:53:33+00:00October 9th, 2015|Claims Settlement|

Living Benefits Claims  □ Written account of the accident □ Policy Contract □ Indemnity for Lost policy (to be presented if policy contract is lost) □ Claimant Statement (Disability/Critical Illness Benefit) □ Attending Physician’s Statement of Disability/Critical Illness □ Proof of Age (Birth Certificate/ Passport) □ Police Report (where accident occurred in circumstances e.g. gunshot [...]

NWC, trade unions still in talks about health insurance coverage

By |2015-10-07T17:59:22+00:00October 7th, 2015|news|

Tuesday, October 06, 2015 | 10:09 PM KINGSTON, Jamaica – The management of the National Water Commission (NWC) on Tuesday advised that efforts are continuing to "amicably resolve" issues of disagreement between the NWC and trade unions representing more than 2,000 employees regarding the new Group Health Insurance Contract. The dispute had resulted in strike [...]

US$500-m tourism investment

By |2018-08-17T06:55:28+00:00October 7th, 2015|news|

Near 3,000 new hotel rooms under construction, says McNeill MCNEILL… this investment in new rooms is larger than any other in the history of the industry. JUST under 3,000 new hotel rooms are now being constructed in Jamaica in what Tourism Minister Dr Wykeham McNeill described as "a massive wave" of investment in the sector [...]

Pension crisis looming – Chung

By |2018-08-17T06:55:29+00:00October 7th, 2015|news|

Sunday, October 04, 2015 (From left) Rezworth Burchenson, managing director of Prime Asset Management; Kelly Peters, CEO and managing partner of BEWorks Inc; and Denis Chung, CEO of the Private Sector Organisation of Jamaica, at the head table during the Prime Asset Management’s 8th annual pensions seminar at the Jamaica Pegasus hotel in New Kingston [...]

Insurance Helpline | No policy rider for learner driver wrong-headed

By |2018-08-17T06:55:29+00:00October 7th, 2015|news|

QUESTION: I am 33 years old and work with a commercial bank. My husband is a 29-year-old teacher. We live in St Catherine and are the owners of a 2007 Toyota RAV4. Since my husband does not have a driver's licence, I am currently the only driver. The vehicle is insured comprehensively. I contacted the [...]

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