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, 2016

IAJ CHRISTMAS IN NOVEMBER 2016

2811, 2016

Towards a national health insurance plan

Health insurance is a highly desirable commodity for a majority of Jamaicans. This was confirmed by a recent survey which found that 85 per cent of persons who are not now covered by health insurance, would welcome it.

The findings were

2811, 2016

Insurance Industry Statistics 2015

LIFE INSURANCE

Gross Premiums for 2015 were $32B, 8.5%
more than the $29.5B reported in 2014.
New Annualized Premiums for Individual Life for
the year was $4.9B. This represented an
improvement of 6.8% on the annual premiums
recorded in 2014. Sums assured for 2015 were
$181.2B 8%

2811, 2016

ECONOMY RECORDS GROWTH IN 2nd QUARTER OF THE FISCAL YEAR – JULY to SEPTEMBER, 2016

The Director General, Planning Institute of Jamaica, Dr. Wayne Henry, reported at the Institute’s quarterly press briefing, that the economy continued to record growth during the second quarter of the fiscal year. For July–September 2016, real Gross Domestic Product (GDP)