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.

Economic performance is measured using year-over-year growth rate — STATIN

By |2020-01-09T14:51:14+00:00January 8th, 2020|news|

The Statistical Institute of Jamaica (STATIN) has emphasised that the headline indicator used to assess the performance of the Jamaican economy in its gross domestic product (GDP) report is the year-over-year growth rate — that is the reference quarter with the same quarter of the previous year. STATIN made the point in a letter [...]

Ethics in business

By |2020-01-08T14:52:34+00:00January 8th, 2020|news|

Ethics are a set of principles dealing with what is good and bad, and concerns moral duty and obligation. Those moral principles apply not just to personal lives, but also to business and, topically perhaps, to politics. In business there are three main types of ethics: • deontological (ie duty-based) ethics, where universal principles are [...]

2.25% growth in medium term says IMF

By |2020-01-08T14:47:22+00:00January 8th, 2020|news|

The International Monetary Fund (IMF) is maintaining its prediction for the country to achieve a 2.25 per cent growth to gross domestic product (GDP) within the medium term — a position reiterated following the Statistical Institute's (STATIN) latest report which noted a 0.6 per cent growth for the third quarter of 2019. IMF resident representative [...]

Hiccups in traffic ticket system being addressed

By |2020-01-08T14:37:59+00:00January 8th, 2020|news|

VICE-CHAIRMAN of the National Road Safety Council (NRSC) Dr Lucien Jones says significant improvements have been made to the road traffic ticketing system, including gaps that caused the system to reflect thousands of outstanding tickets. “When you get a ticket, you pay at the tax office and that information is transmitted by the police to [...]

6.4 quake strikes Puerto Rico amid heavy seismic activity

By |2020-01-08T14:33:45+00:00January 8th, 2020|news|

A Puerto Rican flag is seen in the rubble as store owners and family help remove supplies from Ely Mer Mar hardware store, which partially collapsed after an earthquake struck Guanica, Puerto Rico, yesterday. A 6.4-magnitude earthquake struck Puerto Rico before dawn yesterday, killing one man, injuring others and collapsing buildings in the southern part [...]

Jamaica named among 20 best places to visit in 2020

By |2020-01-08T08:46:06+00:00January 8th, 2020|news|

Jamaica has been listed among the 20 best places to visit in 2020. And it's been a great day for The Rock as CNN Travel editors also named GoldenEye and Negril's Rockhouse Hotel & Spa as the top two resorts on the island. No, this is not a PR piece on GoldenEye or Rockhouse. If you’ve ever stayed [...]

Puerto Rico earthquake: Punta Ventana collapses as powerful tremor hits

By |2020-01-08T08:39:23+00:00January 8th, 2020|news|

A popular tourist rock formation in Puerto Rico has collapsed after a strong earthquake shook the island, damaging homes and causing power cuts. The stone arch, known as Punta Ventana, was destroyed on Monday, when the earthquake hit. The 5.8-magnitude quake struck at a depth of 6km (3.7 miles), off the Caribbean island's southern coast. [...]

Are you covered for 2020? Why you need life insurance now

By |2020-01-08T08:33:55+00:00January 8th, 2020|news|

FOR many of us, a sound financial plan includes having savings, solid investments, an emergency fund, and being on top of our finances and the management of it. One crucial aspect that we often forget is life insurance. If a life insurance policy is not a part of your current financial plan, financial advisor Granville [...]

Oil rises after US killing of top Iranian general fuels war fears

By |2020-01-08T01:33:37+00:00January 8th, 2020|news|

LONDON, United Kingdom (AFP) — World oil prices jumped on Friday after the US killed a top Iranian general, fanning fresh fears of conflict in the crude-rich Middle East, with Tehran warning of “severe” retaliation. The head of Iran's Quds Force, Qasem Soleimani, was killed in an attack on Baghdad's international airport early Friday. Later, [...]

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