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.

Gov’t providing financial support for informal workers

By |2020-03-31T13:07:51+00:00March 31st, 2020|news|

Market vendors, taxi operators, barbers and hairdressers, among others in the informal sector who are hard hit by the coronavirus (COVID-19), are to benefit from financial support. Minister of Finance and the Public Service, Dr. Nigel Clarke, said the Government is working on a programme that will provide financial assistance for persons who may not [...]

Coronavirus and your investments Part 2

By |2020-03-31T13:00:27+00:00March 31st, 2020|news|

ASKING RIDGE, United States — In this image provided by Jay Woods, woods, a designated market maker with IMC and NYSE floor governor, who normally works on the New York Stock Exchange trading floor, works in his home office in Basking Ridge, New Jersey, on Thursday. (Photo: AFP) Is this the bottom of the market? [...]

Farming hit by COVID-19

By |2020-03-31T12:57:35+00:00March 31st, 2020|news|

As the impact of the novel coronavirus disease (COVID-19) pandemic is felt across the country, small farmers — especially those who supply produce to the now-dormant tourism sector — are among those most affected. With the temporary closure of hotels, many of these farmers now have no market for their goods and are suffering losses. [...]

COVID-19’s impact and possible solutions

By |2020-03-27T15:12:06+00:00March 27th, 2020|news|

The novel coronavirus has been wreaking havoc throughout the world, and projections are that what is to come will be even more dire than what we are experiencing today. Covid-19 has an impact on both the social and economic framework, in a very extreme way, with the immediate impact being that people don't get to [...]

Proactive measures being considered by Ministry of Finance

By |2020-03-27T15:09:20+00:00March 27th, 2020|news|

IN efforts to prepare for the impact of the coronavirus (COVID-19) pandemic on the economy, Minister of Finance Dr Nigel Clarke says his ministry and the Bank of Jamaica have developed a proactive approach in the method of scenario analyses. Scenario analysis, which is one of the main forms of projection, does not try to [...]

BOJ announces eight-point pre-emptive COVID-19 monetary strategy

By |2020-03-27T14:56:56+00:00March 27th, 2020|news|

HE Bank of Jamaica (BOJ) has announced an eight-point pre-emptive monetary strategy to assure financial institutions and the public that there will be adequate access to both Jamaican dollar and foreign currency liquidity in wake of the escalating COVID-19 pandemic. BOJ Governor Richard Byles, who announced the measures in a virtual press briefing with journalists [...]

IMF says negative growth is not unlikely amid pandemic

By |2020-03-26T18:06:11+00:00March 26th, 2020|news|

The International Monetary Fund (IMF) is reporting that negative growth is not an unlikely scenario this year amid the covid 19 pandemic. The multilateral agency says the world economic slowdown and disruption in supply chains, the decline in commodity prices, the contraction in tourism and the sharp tightening of global financial conditions are bringing activity [...]

Trump agrees on $1.8 trillion economic relief package

By |2020-03-26T18:03:06+00:00March 26th, 2020|news|

US President Donald Trump and the Senate have agreed a massive economic relief package worth more than $1.8 trillion. The package includes money to bail out industries that have been affected by the coronavirus crisis. It reportedly includes payments of $1,200 to most American adults and aid to help small businesses pay workers. The legislation, [...]

Farmers feeling effects of hotel closures, market restrictions

By |2020-03-26T17:59:36+00:00March 26th, 2020|news|

The closure of some hotels and restrictions on opening time for markets due to the COVID-19 crisis have started to have a ripple effect on farmers. Several farmers from southern St. Elizabeth say they are experiencing losses as vendors are purchasing less. The farmers from communities such as Newell, Flagaman and Pedro Plains say they [...]

Tokyo Olympics postponed to 2021

By |2020-03-26T17:54:06+00:00March 26th, 2020|news|

Tokyo Olympics postponed to 2021 Loop Sports  Created : 24 March 2020 Coronavirus The Olympic Rings are displayed at the entrance of the IOC, International Olympic Committee headquarters during the coronavirus disease (COVID-19) outbreak in Lausanne, Switzerland, Tuesday, March 24, 2020. (Jean-Christophe Bott/Keystone via AP). AddThis Sharing Buttons Share to Facebook Share to TwitterShare to [...]

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