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BANK OF JAMAICA INCREASES CASH RESERVE REQUIREMENTS AND MAINTAINS POLICY RATE

By |2023-02-23T19:17:29+00:00February 23rd, 2023|Press Releases, Uncategorized|

Summary of Monetary Policy Discussion and Decision - February 2023 At its meeting on 16 and 17 February 2023, the Monetary Policy Committee (MPC) unanimously decided to increase by one percentage point (pp) the domestic and the foreign currency Cash Reserve Requirements (CRRs) applicable to deposit-taking institutions (DTIs), effective 01 April 2023. This decision represents [...]

CHRISTMAS AND NEW YEAR GREETINGS FROM THE IAJ BOARD OF DIRECTORS

By |2022-12-19T17:40:35+00:00December 19th, 2022|news, Press Releases|

IAJ BOARD OF DIRECTORS  EXTENDS  CHRISTMAS AND NEW YEAR GREETINGS TO ALL MEMBER COMPANIES, THEIR STAFF AND FAMILIES AND TO ALL JAMAICA CLICK ON LINK BELOW IAJ REAL 2022 GREETINGS  

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 [...]

Jamaica’s Move to Develop a Risk Financing Policy will Underpin Acquisition of Catastrophe Bonds

By |2022-07-18T21:36:39+00:00July 18th, 2022|news, Press Releases|

July 18, 2022   Jamaica’s decision in July 2021, to pursue Catastrophe Bonds as a way to reduce the impact that severe natural disasters can have on the national budget, has been hailed as a prudent way to protect the economies of middle-income countries and small island developing states (SIDS). This was discussed on July [...]

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