Latest Economic News

IAJ President – Peter Levy- Motor Uninsured
Managing Director BCIC- Speaks on the amount of uninsured motor vehicle on the road in Jamaica and the dangers it creates for the insured driver.

IAJ President – Peter Levy- General Uninsured
Managing Director BCIC- Speaks on the amount of the uninsured population in Jamaica.

Past Statistics:

Life Insurance (2016-2017)
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General Insurance (2014-2015)
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Claims Payout (2012-2013)
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General Insurance (2014-2015)
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Statistics on The Economy.

Review of Economic Performance
October – December 2018.

The PIOJ presents preliminary estimates on economic performance for each quarter, approximately 6 weeks following the end of the quarter being reviewed. This is based on preliminary information available from the major data providers.

This release of the preliminary estimate is consistent with developments in all modern economies globally, where it is the common practice to release a 1st, 2nd and even a 3rd preliminary estimate before the final official figure is released. Learn More >

Current Statistics

GOVERNMENT FISCAL MONITORING

GROSS DOMESTIC PRODUCT

BOJ RATE POLICY

JAMAICA ECONOMIC DATA

1210, 2021

Trinidad and Tobago land sale ensues as CL Financial finally wound up

FOLLOWING the August 2020 judgement over disputed matters between liquidators and shareholders of Trinidad and Tobago-based CL Financial, a company which was once the largest financial conglomerate in the Caribbean, property belonging to the company is now being placed on

1210, 2021

WiPay Jamaica bringing more digital money options to the populace

WIPAY Jamaica is bringing in more digital money options, with the latest option being an untransferable, unique QR code identifier embedded with digital fiat (digital money).

WiPay, the Caribbean’s leading fintech company, has unveiled this new digital payment option with the

1210, 2021

Ways to live within your means

Today we are inviting you to test your level of creativity by finding new ways to live within your means and save more. Here are a few tips from us.

1. Kill pride and laziness and make a budget. As boring

1210, 2021

Cayman-based Briat Insurance acquired by global broker Gallagher

Global insurance broker Arthur J Gallagher & Company recently acquired Briat Insurance Limited, another brokerage firm based in Grand Cayman.

Though the details of the transaction were not disclosed, Gallagher, in pushing its aggressive mergers and acquisitions (M&A) strategy, said that