IAJ President Peter Levy, an-experienced insurance professional, who is also the Managing Director of British Caribbean Insurance Company(BCIC).
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IAJ Feature
Jamaicans Under Insured for PROPERTY INSURANCE
There has been continuous concern about the fact that Jamaicans are under insured where property insurance is concerned. In fact, IAJ figures show that only approximately 20 % of Jamaica’s Residential Properties are insured.
Mark Wignall on the Nationwide Radio programme ON TARGET recently did an interview with IAJ President Peter Levy, an-experienced insurance professional, who is also the Managing Director of British Caribbean Insurance Company(BCIC). Mark Wignall posed a number of relevant questions to the IAJ President. Click on Soundtrack and Listen.
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LOSSES associated with Internet banking fraud rose 17 per cent last year, according to data from the Bank of Jamaica (BOJ). The central bank, in response to queries from the Jamaica Observer, shared data showing that banks report a total loss of $81.23 million for Internet banking fraud. That was
Tourism pension fund likely to grow faster than traditional funds – Goffe
THE Ministry of Tourism (MOT) indicates that, as at December 31, 2021, the value of assets managed by Sagicor Life Jamaica on behalf of the Tourism Workers Pension Scheme was approximately $506 million. At the launch of the scheme, Minister of Tourism Edmund Bartlett said he expected the fund to
Growth & Jobs | The future of money: The 101 on digital currencies
GIVEN THE recent launch of the Bank of Jamaica’s (BOJ) digital currency pilot project and the general positive performance of cryptocurrencies on the world market, many Jamaicans have taken an interest in the new and modern method of exchange. However, there are many persons who may still not understand the
IAJ YEARBOOK 2017
Reflections on INSURANCE in YEAR 2017
2017 proved to be an encouraging year as the Insurance Industry saw signs of the recovery of the Jamaican economy. Gross premiums, on the General insurance side, were up by 9%over the previous year while on the Life insurance side, Gross Premiums for Individual Life were up by 7%. More importantly, we paid out $18 Billion dollars in Group Health Claims, $21 Billion dollars in Life Claims and $13 Billion dollars in General Insurance claims. Click to Download and Read More.
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IAJ Promotes Best Practices in
The Insurance Industry.
The IAJ provides avenues for addressing common concerns and encourage sound industry practices and ethical conduct of members while promoting the best interests of the insuring public.
IAJ is The Voice of The Insurance Industry.
The IAJ is committed to supporting the growth and development of the insurance industry to the benefit of Jamaicans and the economy as a whole by providing quality support services to members through:
