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

707, 2020

First quarter economic decline was expected — analysts

Following the announcement last week by the Statistical Institute of Jamaica that the local economy had declined by 2.3 per cent in the first quarter of 2020, compared to the corresponding period last year, two noted financiers shared their

707, 2020

Prudent risk, cash flow management critical in navigating COVID-19 says Scotia executive

SCOTIABANK’S Senior Vice-President Dr Adrian Stokes believes that prudent risk and cash flow management strategies will be critical for local businesses to navigate the economic shock triggered by COVID-19.

Addressing an investment briefing for Scotiabank customers recently, Dr Stokes said

707, 2020

Repos: What should you know?

Many investors use “repos” as a tool to keep some funds liquid while earning more than a bank account. Repos pay investors interest over relatively short periods of time, for example, 30 days, 90 days

707, 2020

Life companies elude health-claims shock, future premiums vulnerable

Health insurance providers are reshaping the way they do business to deal with the fallout or exploit opportunities from the COVID-19 pandemic, which they say has not been as harmful to their business as first anticipated.

In what they describe as