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.

May inflation rate up by 0.1 % — STATIN

By |2020-07-13T03:51:14+00:00July 13th, 2020|Economic Data|

The Jamaica Consumer Price Index (CPI) inflation rate for May was 0.1 per cent. This increase was largely as a result of the 1.1 per cent increase in the heavily weighted food and non-alcoholic beverages division, according to the Consumer Price Index Bulletin – May, released last Friday (July 10) by the Statistical Institute [...]

Social enterprise training for MSMEs, social enterprises

By |2020-07-10T16:03:22+00:00July 10th, 2020|news|

Jamaica Business Development Corporation (JBDC) has partnered with Jamaica Stock Exchange (JSE) and Sagicor to stage a social enterprise round-table and grant proposal writing workshop aimed at helping the development of the micro, small and medium enterprise (MSME) sector and social enterprises (SEs). According to JBDC Chief Executive Officer Valerie Veira, the corporation recognises social [...]


By |2020-07-10T15:59:35+00:00July 10th, 2020|news|

Community & Workers C o- operative Credit Union of Jamaica (C&WJCCUL) will be shortlisting on the Jamaica Stock Exchange $900 million deferred shares owned by its members. The move, a first for any credit union in Jamaica, is aimed at identifying a consistent source of funding, the company said in a news release yesterday. Each [...]

Sagicor Bank stages COVID-19 coping forum for SMEs

By |2020-07-10T15:55:25+00:00July 10th, 2020|news|

Sagicor Bank recently staged a forum to assist customers, particularly those within the small and medium-sized enterprises (SMEs) sector, cope with the challenges of the COVID-19 pandemic on their businesses. The online forum, held under the theme 'Overcoming Anxieties: The SME Perspective', saw business leaders being engaged and encouraged by a panel of stakeholders to [...]

5-in-4 shelved

By |2020-07-10T15:52:02+00:00July 10th, 2020|news|

Four years into the much touted 5-in-4 growth agenda, the Economic Growth Council (EGC) has said that the realisation of its projected target was not achieved and has been worsened by the severe impacts of the COVID-19 pandemic. Speaking with the Jamaica Observer earlier this week, executive director of the council, Senator Aubyn Hill, said [...]

Ending the stigma of insolvency

By |2020-07-10T15:47:58+00:00July 10th, 2020|news|

Private Sector Organisation of Jamaica (PSOJ) Immediate Past President Howard Mitchell is encouraging business and financial institutions to conduct a sensitisation campaign on insolvency and the availability of earlier intervention for micro, small and medium-sized enterprises (MSMEs). “As a community of business people we suffer from a culture of shame if someone fails at a [...]

PIOJ projects GDP will recover in two to four years

By |2020-07-10T15:41:35+00:00July 10th, 2020|news|

The PIOJ said it was not anticipating that the economic recovery from COVID-19 will be as long as the recovery period following the global economic recession in 2008-2009, given the relative strength of the Jamaican economy along with the stimulus packages implemented both locally and globally The Planning Institute of Jamaica (PIOJ) is projecting that [...]

Key Insurance appoints new head of finance

By |2020-07-10T11:51:35+00:00July 10th, 2020|news|

Key Insurance has announced the appointment of a new head of finance. This is the third management change since GraceKennedy took over in March, and comes as the conglomerate reorganised the board of directors at Key. Key advised that Stuart Andrade has been appointed to the position of Chief Financial Officer effective July 1, 2020. [...]

THE BOUNCE BACK FACTOR: As the world’s economy reopens… what’s next for investors?

By |2020-07-08T22:19:45+00:00July 8th, 2020|news|

THE COVID-19 pandemic has disrupted the world over the last several months but the situation, though slowly, is taking a turn for the better as economies worldwide reopen. What next is in store for investors? This year has seen the economies of countries worldwide squeezed as they try to balance and reduce the negative impact [...]

Secrets of good remote management

By |2020-07-08T22:11:18+00:00July 8th, 2020|news|

REMOTE working has become a reality for many accountancy and finance professionals. It has brought with it numerous challenges when compared to more traditional ways of working. One of the most significant of these challenges is how to manage staff effectively so that they can complete tasks and continue to develop. To help, below are [...]

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