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

906, 2019

Sagicor revenues ramp up in USA, Ja

Sagicor Financial Group, based in Barbados, announced that revenues jumped 80 per cent for its March 2019 first-quarter led by increased activity in the USA and Jamaica, according to an earning update.

Shareholders in Sagicor will vote next month on whether

906, 2019

Oran Hall | Serious debt

QUESTION: We defaulted on significant credit card debt last year (for reasons that, unfortunately, could not be helped). The bank’s attorneys have written to us, informing us that they will take legal action against us if we don’t pay.

We

906, 2019

Cedric Stephens | Managing risks entails a deep understanding of the phenomenon

Question: I recently got quotations from three different companies to insure my family home. It has reinforced concrete block walls and a Decramastic tile roof. The house covers an area of 2,800 square feet and is in Kingston 6.

906, 2019

Sagicor X Fund changes auditor to avoid conflict of interest

Shares in Sagicor X Fund ticked upwards after the release of its first-quarter results, but dipped following the announcement of a change of auditor.

Richard Byles, chairman of the X Fund, indicated that the change in auditors from PwC St Lucia