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FSC: Jamaica's insurance industry well capitalised, financially sound

 
The Financial Services Commission (FSC) says Jamaica's insurance industry remains well capitalised and financially sound, with all companies maintaining solvency ratios above the required 25 per cent threshold.
 
According to the regulator, the sector's weighted average minimum capital test ratio stands at 186 per cent, well above the 150 per cent regulatory benchmark, signalling continued stability and resilience within the industry. 
 
The FSC's latest report also showed that total assets in the insurance sector climbed by $56.5 billion to $598.3 billion during the June 2025 quarter, compared to the same period last year. 
 
Of that total, $490 billion were held by life insurance companies with a significant portion, about $443 billion, invested in Government of Jamaica securities and equities. 
 
This included $288.4 billion in bonds, $61.3 billion in equities, reflecting the sector's strong investment position
and continued confidence in government instruments. 
 


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