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Jamaica to host international Conference on Inclusive Insurance

By |2022-10-12T17:31:56+00:00October 12th, 2022|Bulletin, Micro Insurance, news, Press Releases|

By Micaiah Morgan Jamaica will host the International Conference on Inclusive Insurance (ICII) October 24 to 28 at the Jamaica Pegasus Hotel. The hybrid conference is being hosted by the Insurance Association of Jamaica in partnership with the Munich Re Foundation and the Microinsurance Network. It is expected to attract over 400 international delegates from over [...]

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By |2021-11-01T07:11:01+00:00November 1st, 2021|Micro Insurance, news|

Work is advanced on the proposed Microinsurance Bill, which is expected to be tabled in Parliament before the end of the current fiscal year in March next year. This was disclosed by Minister of Finance and the Public Services Dr Nigel Clarke who said he anticipates the legislation's passage during the 2022/23 fiscal year, which [...]

History will absolve BOJ’s rate hike

By |2021-10-12T13:53:39+00:00October 12th, 2021|Micro Insurance|

n August 2021, the Bank of Jamaica (BOJ) announced their likely departure from the accommodative monetary policy framework of several years. This intent was consummated on September 30, 2021, when they announced a 100-basis point (one per cent) increase in the BOJ base rate from 0.5 per cent to 1.5 per cent with a concerning [...]

Pandemic shows the urgency for inclusive insurance

By |2021-04-03T18:50:36+00:00March 26th, 2021|Micro Insurance|

The COVID-19 crisis has had a strong impact on the income situation of the most vulnerable, the poor. However, insurance against the most important risks, including health, remains scarcely available globally. How insurance will develop in the post-COVID-19 era, and how increased availability of affordable risk management can create value for those who need [...]

International Conference on Inclusive Insurance (ICII)

By |2021-04-03T18:46:48+00:00March 18th, 2021|Micro Insurance|

The inclusive insurance sector has experienced persistent growth in client outreach and premium volumes over the past ten years. New technologies are boosting market coverage. Nonetheless, many people living at the bottom of the pyramid are still without cover or alternative risk management options. Climate change will make the situation worse. With the global [...]

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