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

107, 2020

Stinging broadside of European Union’s unilateral blacklisting by Caribbean economist Marla Dukharan

CARIBBEAN economist Marla Dukharan has launched a stinging broadside against the European Union regarding what she said was its unilateral blacklisting of some developing countries such as Jamaica, others in the Caribbean and the wider globe.

Describing the EU’s blacklisting of

107, 2020

Revolutionary IVIS to be rolled out next month

HE Insurance Association of Jamaica (IAJ) will be rolling out next month its Insurance Vehicle Information System (IVIS), which it says will significantly aid the sifting out of uninsured motor vehicles from the nation’s roads.

IVIS is a database of all

2906, 2020

NEW IAJ PRESIDENT VERNON JAMES, PRESENTS A GIFT AND THE PAST PRESIDENT’S PLAQUE TO IMMEDIAETE PAST PRESIDENT PETER LEVY.

Peter Levy (right) formally hands over the reins of the Insurance Association of Jamaica to Vernon James the new President on Friday June 26, 2020 at a ceremony held at the Jamaica Pegasus Hotel in New Kingston. Vernon James presented

2806, 2020

Brace for increase in insurance premiums says IAJ

The Insurance Association of Jamaica (IAJ) is advising Jamaicans to brace for an increase in premium come January next based on COVID-19 and other market conditions.

Responding to questions from The Jamaica Observer’s Sunday Finance, IAJ vice-president Mark Thompson explained