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

103, 2021

THE PASSING OF INSURANCE GIANT PETER THOMAS, NPG INSURANCE BROKERS MD

Members of the Insurance Association of Jamaica (IAJ) and indeed the entire Jamaican Insurance Community are saddened by the passing of Insurance stalwart Peter Thomas who was Chairman and Managing Director of National Properties and General Insurance Brokers (NPG).

Peter served

2502, 2021

General Accident finalises expensive Caribbean reorganisation

General Accident Insurance Company has completed its expensive reorganisation and rebranding of its Caribbean subsidiaries in Barbados and Trinidad.

The company incurred heavy start-up cost for its Barbados subsidiary, which was launched last year. The expensive start-up cost was expected

2502, 2021

PAHO director says the Americas should be a ‘global priority’ for COVID-19 vaccines

WASHINGTON, United States (CMC) — Pan American Health Organization (PAHO) Director Dr Carissa Etienne yesterday described the Americas, which includes the Caribbean, as the “epicentre” of the COVID-19 pandemic and called on the international community to make regional access to

2502, 2021

ADVERTORIAL | Digitalisation of financial services will bring more people into the formal economy

With the adoption of more digital channels, experts in technology and the business sector are of the view that more businesses and persons will be forced to enter the formal economy.

“The coronavirus pandemic has pushed more people online to use