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

2803, 2022

Investment facts

As we continue to explore topics on personal finance, we will explore more concepts related to equity and investments for the everyday investor. These should assist anyone in their investment journey.

Dividends — A dividend is simply a company paying

2803, 2022

Mortgage companies to take over open market loans for NHT

THE National Housing Trust (NHT) is indicating that the recent disclosure by the Government that private lenders will disburse funds on behalf of the trust relates to open market loans only.

The clarification came from senior general manager, Construction and

2803, 2022

No significant reduction in poverty — Statin

The Statistical Institute of Jamaica (Statin is reporting that there were no significant changes in the nation’s poverty level between 2018 and 2019.

Statin on Wednesday, March 23, shared the findings of the Jamaica Survey of Living Conditions (JSLC) for

2803, 2022

Employment insurance scheme gets thumbs up from World Bank analysts

AT least one analyst from the Caribbean office of the World Bank Group has given a thumbs up to the new scheme unveiled by the Government of Jamaica, under which it hopes to provide unemployment insurance.

Assel Paju, World Bank communications