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

2811, 2018

Sagicor Financial sold – Canadian private-equity firm to pay US$536m for insurance conglomerate; Separate deal sealed to acquire Scotia insurance businesses

The acquisition of regional financial conglomerate Sagicor Financial Corporation Limited (SFC) by Canadian private-equity firm Alignvest will not affect shareholders of the Jamaican subsidiary, says president and CEO of Sagicor Group Jamaica Limited Christopher Zacca.

“The transaction is between Sagicor Financial

2811, 2018

Sagicor agrees to US$536 mil takeover by Canadian company

Sagicor Financial Corporation Limited has agreed to a US$536 million takeover by Alignvest, a leading Canadian alternative investment management firm.

In a release issued on Tuesday morning, Sagicor said that it has entered into

2811, 2018

Scotiabank to sell insurance operations in T&T, Jamaica

OTTAWA, Canada (CMC) – The Bank of Nova Scotia Tuesday confirmed that it would be selling its insurance operations in Jamaica and Trinidad and Tobago as part of a shake-up of its businesses that also included plans to exit nine

2711, 2018

PHOTO: Safety first

With hundreds of motor vehicle crashes reported annually, inclusive of motorcycle crashes in Westmoreland, the parish has built a reputation for being a hotspot for trauma. Last Thursday’s Taking Responsibility Road Tour visited the parish to discuss how to prevent