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)
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General Insurance (2014-2015)
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Claims Payout (2012-2013)
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General Insurance (2014-2015)
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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

302, 2022

It is welcomed!

PRESIDENT of the Jamaica Confederation of Trade Unions Helene Davis-Whyte has welcomed the announcement from Minister of Finance and the Public Service Nigel Clarke that the national budget for 2022/2023 will “give disproportionate focus to the implementation of the restructuring

302, 2022

CDB projects 9% growth for the region

Caribbean Development Bank, CDB, on Tuesday projected that its borrowing members, or BMCs, would grow at a rate of 9.1 per cent, accelerating the region’s economic recovery which began in 2021.

The development bank provides financing for 19 Caribbean members, many

102, 2022

US stocks end higher, still log worst month since March 2020

WASHINGTON, DC, USA (AP) — Stocks notched broad gains Monday, but still posted their worst monthly loss since the early days of the pandemic, as Wall Street closed a tumultuous January wracked by worries that imminent interest-rate hikes will make

102, 2022

We like people more

AS Jamaicans brace for new bank fees and charges, credit unions are positioning themselves as an alternative for those seeking reprieve.

Robin Levy, group CEO of the Jamaica Co-operative Credit Union League, told the Jamaica Observer that he’s encouraging locals