AIB receives Profit Commision Awards
March 20, 2008
On December 19th, 2007, Allied Insurance Brokers received the Profit Commission Award from British Caribbean Insurance Company(BCIC). The Profit Commi... read moreDid you know
Insurance Regulation in Jamaica, exercised by the Financial Services Commission, is an example of globalization, in that the level of control and reporting is to first-world standards.
The Insurance Regulations in Jamaica impose time limits on insurers for issuing policies and acknowledging claims.
Currently only one general insurer in Jamaica, Jamaica International Insurance Company Ltd, has a recognized international financial stability rating. You can confirm this on their website.
American Home Insurance Company Ltd is a subsidary of one of the world’s largest insurers, AIG.
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