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Insurance in Jamaica

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Flag of Jamaica, featured in the: Insurance in Jamaica, post.List of Insurance Companies in Jamaica – World Insurance Companies Logos. The pages of this website contain a wealth of essential information on all sorts of insurance issues. Clicking on the logo of every insurance company can immediately access this updated information. 

List of Insurance Companies Logos and Names in Jamaica

List of Insurance Companies Logos and Names in Jamaica. Find the best insurance based on cost, coverage and claim support. Select the insurer you have confidence in.

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    Economy of Jamaica

    ​This country has natural resources, primarily bauxite, and an ideal climate conducive to agriculture and also tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica’s economy from sugar and bananas. By the 1970s, this nation had emerged as a world leader in the export of these minerals as foreign investment increased.

    Weakness in the financial sector, speculation, and lower levels of investment erode confidence in the productive sector. The government continues its efforts to raise new sovereign debt in local and international financial markets in order to meet its U.S. dollar debt obligations, to mop up liquidity to maintain the exchange rate and to help fund the current budget deficit.

    Jamaican Government economic policies encourage foreign investment in areas that earn or save foreign exchange, generate employment, and use local raw materials. The government provides a wide range of incentives to investors, including remittance facilities to assist them in repatriating funds to the country of origin; tax holidays which defer taxes for a period of years; and duty-free access for machinery and raw materials imported for approved enterprises.

    Free trade zones have stimulated investment in garment assembly, light manufacturing, and data entry by foreign firms. However, over the last 5 years, the garment industry has suffered from reduced export earnings, continued factory closures, and rising unemployment. This may be attributed to intense competition, absence of North American Free Trade Agreement (NAFTA) parity, drug contamination delaying deliveries, and the high cost of operation, including security costs.

    The Government hopes to encourage economic activity through a combination of privatization, financial sector restructuring, reduced interest rates, and by boosting tourism and related productive activities.

    In April 2014, the Governments of Jamaica and China signed the preliminary agreements for the first phase of the Jamaican Logistics Hub (JLH) – the initiative that aims to position Kingston as the fourth node in the global logistics chain, joining Rotterdam, Dubai, and Singapore, and serving the Americas.

    The Project, when completed, is expected to provide many jobs for Jamaicans, Economic Zones for multinational companies, and much needed economic growth to alleviate the country’s heavy debt-to-GDP ratio. Strict adherence to the IMF’s refinancing program and preparations for the JLH has favorably affected Jamaica’s credit rating and outlook from the three biggest rating agencies.

    Insurance in Jamaica, Caribbean​​ – World Insurance Companies Logos

    Insurance in Haiti

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    Flag of Haiti, featured in the: Insurance in Haiti, post.List of Insurance Companies in Haiti​​ – World Insurance Companies Logos. By clicking on the logo of each insurance company can get an updated set of information that each insurer offers via the Internet.

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    List of Insurance Companies Logos and Names in Haiti. Click on every logo to get plenty of vital information to select.

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      2010 Haiti Earthquake

      The 2010 Haiti earthquake was a catastrophic magnitude 7.0 MW earthquake, with an epicenter near the town of Léogâne (Ouest), approximately 25 kilometers (16 mi) west of Port-au-Prince, Haiti’s capital. The earthquake occurred at 16:53 local time (21:53 UTC) on Tuesday, 12 January 2010.

      By 24 January, at least 52 aftershocks measuring 4.5 or greater had been recorded. An estimated three million people were affected by the quake. Death toll estimates range from 100,000 to about 160,000 Haitian government figures from 220,000 to 316,000; these have been widely characterized as deliberately inflated by the government. The government estimated that 250,000 residences and 30,000 commercial buildings had collapsed or were severely damaged. The nation’s history of national debt, prejudicial trade policies of other countries, and foreign intervention in national affairs contributed to the existing poverty and poor housing conditions that increased the death toll from the disaster.

      The earthquake caused major damage in Port-au-Prince, Jacmel and other cities in the region. Notable landmark buildings were significantly damaged or destroyed, including the Presidential Palace, the National Assembly building, the Port-au-Prince Cathedral, and the main jail. Among those killed was Archbishop of Port-au-Prince Joseph Serge Miot and opposition leader Micha Gaillard. The headquarters of the United Nations Stabilization Mission in Haiti (MINUSTAH), located in the capital, collapsed, killing many, including the Mission’s Chief, Hédi Annabi.

      Many countries responded to appeals for humanitarian aid, pledging funds and dispatching rescue and medical teams, engineers and support personnel. Communication systems, air, land, and sea transport facilities, hospitals, and electrical networks had been damaged by the earthquake, which hampered rescue and aid efforts; confusion over who was in charge, air traffic congestion, and problems with prioritizing flights further complicated early relief work. Port-au-Prince’s morgues were overwhelmed with tens of thousands of bodies. These had to be buried in mass graves.
      From Wikipedia

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      Insurance in Grenada

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      List of insurance logo and names in Grenade. ​Click each logo for getting lots of vital info to select the best insurer.

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        Economy in Grenada

        ​This nation has a largely tourism-based, small, open economy. Over the past two decades, the economy has shifted from one of agriculture-dominant into that of service-dominates, with tourism serving as the leading foreign currency earning sector. The country’s principal export crops are the spices, nutmeg and mace (Grenada is the world’s second-largest producer of nutmeg after Indonesia).

        Other crops for export include cocoa, citrus fruits, bananas, cloves, and cinnamon. Manufacturing industries in Grenada operate mostly on a small scale, including production of beverages and other foodstuffs, textiles, and the assembly of electronic components for export.

        Economic growth picked up in the late 1990s, following slow growth and domestic fiscal adjustment in the early years of the decade. Despite an expansionary fiscal policy, the public debt remained moderate at around 50 percent of GDP, deficit were financed partly by privatization receipts. Since 2001, economic growth has declined, caused by adverse shocks such as a slowdown in the global economy and natural disasters.

        To deal with the shocks, fiscal policy became more expansionary while privatization receipts declined. As a result, public debt increased sharply to near 110 percent of GDP in 2003. Economic conditions worsened when Hurricane Ivan hit the country in September 2004; progress in fiscal consolidation was impeded as government revenues fell and policy priority was shifted to post-hurricane relief.

        Although reconstruction has proceeded quickly with significant aid from the international community, tourism and agricultural activities remain weak and nearly offset the stimulus from the reconstruction boom. The country is still facing the difficult task of reconstruction and recovery, while public debt is unsustainable and the government faces large financing gaps.

        In the years ahead, reinvigorating growth will be a high priority, and continued efforts are needed to address vulnerabilities.

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        Insurance in Dominican Republic

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        List of Logos and Names of Insurance Companies. Click on each logo to get plenty of critical information to choose the best coverage.

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          Dominican Republic Health Care

          Health is the state of overall emotional and bodily wellbeing. Healthcare exists to provide healthiness to people and maintain their ideal conditions. In the country, health haphazardness has resulted in economic disgrace. It was because of the rising of infectious health disparities. Although healthcare institutions work tirelessly for the welfare of citizens, it is essential to note the prevalence of contagious diseases influences the Dominican economy.

          Life expectancy was 71 years for men and 77 years for women in 2016.

          In 2007 the Dominican Republic had a birth rate of 22.91 per 1000 and a death rate of 5.32 per 1000. Youth in the DR is the healthiest age group.

          The Human Rights Measurement Initiative finds that this Nation is fulfilling 86.0% of what it should be fulfilled for the right to health based on its level of income.

          When looking at the right to health with respect to children, the country achieves 89.3% of what is expected based on its current income. In regards to the right to health amongst the adult population, the country achieves only 84.6% of what is expected based on the nation’s level of income.

          The Dominican Republic falls into the “bad” category when evaluating the right to reproductive health because the nation is fulfilling only 84.0% of what the nation is expected to achieve based on the resources (income) it has available.

          From Wikipedia

          List of Insurance Companies in the Dominican Republic – World Insurance Companies Logos

          Dominica Insurance

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          List of Insurance Companies Logos in Dominica. Click on each logo to get a great deal of vital information to select the best insurer.

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            Economy of Dominica

            Although the financial services industry is increasingly becoming its largest income, agriculture, with bananas as the principal crop, is still Dominica’s economic mainstay. Banana production employs, directly or indirectly, upwards of one-third of the workforce. This sector is highly vulnerable to weather conditions and to external events affecting commodity prices. The value of banana exports fell to less than 25% of merchandise trade earnings in 1998 compared to about 44% in 1994.

            In view of the European Union’s announced phase-out of preferred access of bananas to its markets, agricultural diversification is a priority. This country has made some progress, with the export of small quantities of citrus fruits and vegetables and the introduction of coffee, patchouli, aloe vera, cut flowers, and exotic fruits such as mangoes, guavas, and papayas. This country has also had some success in increasing its manufactured exports, with soap as the primary product. Dominica also recently entered the offshore financial services market.

            Because the region is mostly volcanic and has few beaches, development of tourism has been slow compared with that on neighboring islands. Nevertheless, Dominica’s high, rugged mountains, rainforests, freshwater lakes, hot springs, waterfalls, and diving spots make it an attractive destination. Cruise ship stopovers have increased following the development of modern docking and waterfront facilities in the capital. Eco-tourism also is a growing industry on the island.
            From Wikipedia

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            Insurance in Cuba

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            List of Insurance Companies Logos In Cuba. Click on the logos for a great deal of vital information. Get the best assurance.

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              Economy

              The Economy of Cuba is a planned economy dominated by state-run enterprises. Most industries are owned and operated by the government and most of the labor force is employed by the state. Following the fall of the Soviet Union, the Communist Party encouraged the formation of cooperatives and self-employment.

              In the year 2000, public sector employment was 76% and private sector employment, mainly composed of self-employment, was 23% compared to the 1981 ratio of 91% to 8%. Investment is restricted and requires approval by the government. The government sets most prices and rations goods to citizens. In 2009, this country ranked 51st out of 182 countries with a Human Development Index of 0.863; much higher than its GDP per capita rank (95th). In 2012, the country’s public debt was 35.3% of GDP. Inflation (CDP) was 5.5%. That year the economy GDP growth was 3%.

              Housing and transportation costs are low. Cubans receive free education, health care and food subsidies. Corruption is common, although allegedly lower than in most other countries in Latin America.

              The country achieved a more even distribution of income since the Revolution and the subsequent economic embargo by the United States. Following the collapse of the Soviet Union, Cuba’s GDP declined by 33% between 1990 and 1993, partially due to loss of Soviet subsidies and to a crash in sugar prices in the early 1990s. Yet Cuba retained relatively high levels of healthcare and education. 
              In the mid-1990s tourism surpassed sugar, long the mainstay of the Cuban economy, as the primary source of foreign exchange. Havana devotes significant resources to building tourist facilities and renovating historic structures. Cuban officials estimate roughly 1.6 million tourists visited yhis region in 1999 yielding about $1.9 billion in gross revenues. In 2000, 1,773,986 foreign visitors arrived in Cuba. Revenue from tourism reached US $1.7 billion. By 2012, some 3M visitors brought nearly £2 billion yearly.

              The rapid growth of tourism has had widespread social and economic repercussions. This led to speculation of the emergence of a two-tier economy and the fostering of a state of tourist apartheid. This situation was exacerbated by the influx of dollars during the 1990s, potentially creating a dual economy based on the dollar (the currency of tourists) on the one hand and the peso on the other. Scarce imported goods – and even some of local manufacture, such as rum and coffee- could be had at dollar-only stores, but were hard to find or unavailable at peso prices.

              As a result, Cubans who earned only in the peso economy, outside the tourist sector, were at a disadvantage. Those with dollar incomes based upon the service industry began to live more comfortably. This widened the gulf between Cubans’ material standards of living, in conflict with the Government’s long term socialist policies.​

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              Insurance in Puerto Rico

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              List of Insurance Companies Logos and Names in Puerto Rico

              List of Insurance Companies Logos and Names in Puerto Rico. Click on each logo for much vital information to select the best insurer.

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                HOW THE HEALTH CARE LAW IS MAKING A DIFFERENCE FOR THE PEOPLE 

                For too long, too many hardworking Americans paid the price for policies that handed free rein to insurance companies and put barriers between patients and their doctors. The Affordable Care Act gives hardworking families in this Country the security they deserve. The new health care law forces insurers to play by the rules, prohibiting them from dropping your coverage if you get sick, billing you into bankruptcy because of an annual or lifetime limit, or, soon, discriminating against anyone with a pre-existing condition. 

                All Americans will have the security of knowing that they don’t have to worry about losing coverage if they’re laid off or change jobs.  And insurance companies now have to cover your preventive care like mammograms and other cancer screenings.  The new law also makes a significant investment in State and community-based efforts that promote public health, prevent disease and protect against public health emergencies. 

                Health reform is already making a difference for the people of Puerto Rico by:
                Making prescription drugs affordable for seniors
                The health care law includes benefits to make Medicare prescription drug coverage more affordable. In 2010, 91,611 people with Medicare in this Country  who hit the prescription drug donut hole received a $250 rebate. In 2011, people with Medicare who hit the donut hole began receiving a 50 percent discount on covered brand-name drugs and a discount on generic drugs.

                Since the law was enacted, Puerto Rico residents with Medicare have saved a total of $118,057,693 on their prescription drugs. In the first nine months of 2012, 55,296 people with Medicare received a 50 percent discount on their covered brand-name prescription drugs when they hit the donut hole. This discount has resulted in an average savings of $634 per person, and a total savings of $35,082,005 in this Country  in 2012. By 2020, the law will close the donut hole.

                Covering preventive services with no deductible or co-pay

                In 2011, 65,495 people with Medicare in this Country  received free preventive services – such as mammograms and colonoscopies – or a free annual wellness visit with their doctor. And in the first nine months of 2012, 52,753 people with Medicare received free preventive services.

                Scrutinizing unreasonable premium increases

                In every State and for the first time under Federal law, insurance companies are required to publicly justify their actions if they want to raise rates by 10 percent or more. Puerto Rico has received $3,000,000 under the new law to help fight unreasonable premium increases.

                Supporting Puerto Rico’s work on Affordable Insurance Exchanges

                Puerto Rico has received $917,205 in grants for research, planning, information technology development, and implementation of Affordable Insurance Exchanges.

                $917,205 in Planning Grants:  This grant provides  in this Country  the resources needed to conduct the research and planning necessary to build a better health insurance marketplace and determine how its exchange will be operated and governed. Learn how the funds are being used in Puerto Rico here. 
                Preventing illness and promoting health (Last Updated: March 15, 2012)

                Since 2010, In this Country has received $3,200,000 in grants from the Prevention and Public Health Fund created by the Affordable Care Act. This new fund was created to support effective policies in Puerto Rico, its communities, and nationwide so that all Americans can lead longer, more productive lives.

                Increasing support for community health centers

                The Affordable Care Act increases the funding available to community health centers nationwide. In Puerto Rico, 20 health centers operate 68 sites, providing preventive and primary health care services to 362,271 people.  Health Center grantees in this Country  have received $67,311,481 under the Affordable Care Act to support ongoing health center operations and to establish new health center sites, expand services, and/or support major capital improvement projects.

                Strengthening partnerships with Puerto Rico (Last Updated: March 15, 2012)

                The law gives states support for their work to build the health care workforce, crack down on fraud, and support public health.  Examples of Affordable Care Act grants to Puerto Rico not outlined above include:

                $1,600,000 for school-based health centers, to help clinics expand and provide more health care services such as screenings to students.
                $43,000 to support outreach to eligible Medicare beneficiaries about their benefits.
                $1,500,000 for Maternal, Infant, and Early Childhood Home Visiting Programs. These programs bring health professionals to meet with at-risk families in their homes and connect families to the kinds of help that can make a real difference in a child’s health, development, and ability to learn – such as health care, early education, parenting skills, child abuse prevention, and nutrition.
                From HHS.gov

                List of Insurance companies in Puerto Rico – World Insurance Companies Logos

                Insurance in Barbados

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                List of Insurance Companies Logos in Barbados. Research and compare insurers to find the one that best suits your needs.

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                  Health in Barbados

                  American President George Washington accompanied his brother Lawrence to Barbados to help him recover from a bout of tuberculosis in the warm climate of the island in 1751. While there George contracted smallpox.

                  Healthcare
                  Expenditure on health per capita in 2014 was $1,014, 7.5% of GDP. The country has above the average ratio of health care professionals to population.

                  All Barbadian citizens are covered by Universal health care. This Nation has eight polyclinics throughout the country, 5 Geriatric hospitals for the care of the elderly, and a network of Child Care facilities, in addition to the main Queen Elizabeth Hospital (General Hospital) located in Bridgetown.

                  There are private medical clinics, including the Sandy Crest Medical Centre on the west coast, and the FMH Emergency Medical Clinic, just outside Bridgetown.

                  The Barbados Psychiatric Hospital is located in Black Rock, Bridgetown.

                  The Ministry of Health & Wellness also operates the Drug Service, which provides a pharmacy service for the island.

                  In 2011, the Government signed a memorandum of understanding to lease its 22 acres (8.9 ha) Saint Joseph Hospital site for the Denver, Colorado-based America World Clinics (now Traverse Global Healthcare). Under the deal, the group will use this country as one of its main destinations for medical tourism at that facility. The government also announced it would begin constructing a new $900 million state-of-the-art hospital to replace the Queen Elizabeth Hospital.

                  From Wikipedia

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                   List of Insurance Companies in Barbados – World Insurance Companies Logos

                  Insurance in Bahamas

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                  List of Insurance Companies in the Bahamas, Caribbean – World Insurance Companies Logos. By clicking on the logo of each insurer, you can get a set of update information that insurers offer through the Internet.

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                  List of insurance companies in the Bahamas. Look for and compare insurers to find the best fit for you.

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                    Health Care in Bahamas

                    Rates of non-communicable diseases have risen to the point where treatment costs challenge the viability of the healthcare system.
                    Health standards have greatly improved throughout the Bahamas in recent years. New hospitals and healthcare facilities have opened in Nassau and Grand Bahama. These healthcare facilities have also lowered the price of care for their residents.
                    In comparison to the United States, the cost of a procedure in this country is about 30-40% less. Still, there are high levels of health and economic inequality and most of the population are unable to obtain private health insurance. Catastrophic spending on health care has bankrupted many patients and their families.
                    Diseases
                    Vaccination against diseases such as measles and diphtheria has lowered the infection and death rate among children. The infection rate of HIV/AIDS is quite high — in 2013, an estimated 500 people died from AIDS in this nation.

                    Healthcare
                    The National Health Insurance program was established in 2017. This program gives anyone who is a resident of this country, healthcare for no cost up front when receiving the service. There are about 42,000 Bahamians or 10% of the population that have enrolled, but membership is voluntary. The Out Islands are serviced by small government clinics. There are 80 primary care providers, including 4 private labs which provides care across New Providence, Grand Bahama, Abaco and Exuma.

                    About 8% of GDP is spent on health care in 2018. This Nation is one of the least efficient nations in the world when it comes to value-based care, according to the National Health Insurance Authority.

                    A tax on wages to fund National Health Insurance was proposed in 2018.

                    In December 2017 there were 349 registered nurses and 98 clinically trained nurses in the Department of Public Health, 753 registered and 283 clinically trained nurses in the Public Hospitals Authority. 226 registered nurses were needed by the Department of Public Health and 302 by the Public Hospitals Authority.

                    From Wikipedia

                    List of Insurance Companies in Bahamas – World Insurance Companies Logos

                    Insurance in Bermuda

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                    List of Insurance Companies in Bermuda – World Insurance Companies Logos. Bermuda is a well-known global center for the insurance and reinsurance industries, with a strong regulatory framework, a skilled workforce, and a favorable tax environment.

                    Bermudan Insurance Companies

                    Some prominent insurers based in Bermuda include:

                    • Arch Capital Group – Provides assurance and reinsurance products globally, including property, casualty, and specialty lines.
                    • AXIS Capital Holdings – Offers a wide range of assurance and reinsurance solutions, including property, marine, and professional liability.
                    • RenaissanceRe Holdings – Specializes in property catastrophe reinsurance and other specialty lines of reinsurance.
                    • PartnerRe – Provides reinsurance and assurance solutions to clients worldwide, covering various lines of business.
                    • Hiscox Bermuda – Part of the Hiscox Group, offering specialty assurance products such as professional liability, marine, and aviation insurance.
                    • Athene Holding – A leading retirement services company, providing annuity and life insurance solutions.
                    • Markel Corporation – Offers a diverse range of assurance products, including specialty lines such as marine, energy, and professional liability.

                    List of Insurance Companies in Bermuda

                    List of Insurance Company logos in Bermuda. Clicking on the logo of every insurer in Bermuda gives you access to all the information that the insurers has on its own website.

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                      Find out the Best Insurers

                      How find out the best Insurers throughout Bermuda?
                      Some Tips

                      1- Find the right coverage 
                      First, it’s important to gather information about the right coverage, and obtain assurance quotes from, a variety of insurers as part of your overall selection process. In order to do that, begin by determining the type of coverage you need in order to make a right comparison across multiple companies. 

                      Now it’s time to research the types of insurers from which to obtain that coverage.

                      2- Check License Status
                       Insurers must be licensed by the country in which they sell coverage. For added peace of mind, be sure you’re buying coverage from a licensed provider in your area by checking with the department of insurers of your Country, either online or by phone.

                      3- Check financial stability
                      Finding out the financial stability of an insurer. One can search for an insurer’s financial strength rating, in the websites of companies such as A.M. Best, Standard & Poor’s, Moody’s or Fitch. While most of the major insurers are safe bets, this is especially helpful when considering smaller, lesser-known providers.

                      4- Customer service and claims support
                      Check consumer complaint ratios. Many departments of insurers websites publish consumer complaint ratios for the insurers. A consumer complaint ratio tells you how many complaints an insurer received for every 1,000 claims its policyholders filed. It’s also a good idea to check a company’s complaint ratio in several other countries for a company might have great ratings in one, but not-so-great ratings in another. For added protection, look for companies with low consumer complaint ratios in a variety of countries.
                      Locate the insurer you trust

                      Health Care in Bermuda

                      Bermuda is generally considered to be in good health. The health system in Bermuda consists of both public and private providers. The Bermuda Hospital Council manages the island’s only hospital, the King Edward VII Memorial Hospital, which offers comprehensive medical services.

                      Here are a few highlights of medical care in Bermuda:

                      Health System: Bermuda has a universal health care system called Bermuda Health Plan (BHP). BHP provides access to vital health services for all residents of Bermuda, including primary care, hospital care and prescription drugs. The system is supported by contributions from employers and employees, as well as government grants.

                      Private Health Insurance – In addition to BHP, many Bermuda residents opt to purchase private health insurance to supplement their coverage. Private insurance can offer extra benefits, such as coverage for optional procedures, specialist visits and longer hospital stay.

                      Medical Facilities: King Edward VII Memorial Hospital is the primary medical care facility in Bermuda. It offers a variety of services, including emergency care, surgical interventions, diagnostic imaging, maternity care and specialized treatments. The hospital is supported by a number of outpatient clinics and specialized facilities all over the island.

                      Specialized Care: Although Bermuda has a well-equipped hospital, certain specialized treatments may not be available on the island. In such cases, patients may have to be referred out of the country for advanced or complex medical procedures. The Bermuda Board of Health helps coordinate international removals and manage related costs.

                      Health Promotion: Bermuda places great emphasis on health promotion and preventive care. The government and various organizations in Bermuda are actively promoting healthy living, regular health checks and screening for health problems early on.

                      Travel Health: Bermuda requires visitors to have travel health insurance to cover their medical expenses for the duration of their stay. You should check with your insurer to ensure that you have adequate coverage for any unexpected medical situation.

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                      List of Insurance companies in Bermuda – World Insurance Companies Logos