Latest Industry 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)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

Claims Payout (2012-2013)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

Statistics on The Insurance Sector.

The insurance industry in Jamaica is one of the largest in the Caribbean. In 2017, Jamaica’s insurance sector had over 795 Sales Representatives in Life Insurance servicing among 6 life insurance companies. In 2017, Jamaica’s insurance sector had over 500 Sales Representatives in General Insurance servicing among 10 general insurance companies. Learn More >

Industry Statistics

MOTOR INSURANCE

PROPERTY INSURANCE

HEALTH INSURANCE

RETIREMENT INSURANCE

1004, 2022

Seniors challenged by crippling health-care costs

hroughout my adult life I have been plagued by illness. Health concerns prompted my retirement in 2011 at 63. By that time I had already undergone six major surgeries and lost a few internal organs in the process.

As a salaried

1004, 2022

Antigua to serve as hub for banana trade

CASTRIES, St Lucia — The St Lucia Government says it is encouraged by the talks held with an established buyer on the possibility of using Antigua as a distribution hub for for the sale of bananas to surrounding countries in

1004, 2022

JMMB & Sagicor launch new funds

MMB Investments (Trinidad and Tobago) Limited (JMMBTT) has launched five new mutual funds while Sagicor Asset Management Inc (SAMI) has launched the Sagicor Renewable Energy Fund (class A cell shares) through Sagicor Special Opportunity Funds SCC (Segregated Cellular Company).

The JMMBTT

1004, 2022

Illegal motorcycles frustrating Hanover police — senior cop

LUCEA, Hanover – The Hanover police say they are overwhelmed with the large number of motorcycles in the parish which are being operated in breach of the Road Traffic Act.

According to commanding officer for the parish Superintendent Sharon Beeput, despite