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

2401, 2022

Wehby bats for unemployment insurance

Government Senator Don Wehby on Friday assured the nation that he would undertake personal oversight of the long-promised unemployment insurance scheme, to ensure that it becomes a reality. His comments come more than a year and half after Finance Minister

2301, 2022

Stokes to exit Scotia Group

Adrian Stokes will remain in the financial sector following his exit from Scotia Group Jamaica, SGJ, a month from now, but the strategist is not saying what his next role would entail.

“It is a move I consider to be of

2301, 2022

Bank fees hike

THE island’s two largest commercial banks have announced new and increased fees that will take effect between January and March 2022, including automated teller machines (ATMs) charges and other fees, drawing the ire of St Catherine Southern Member of Parliament

2301, 2022

hicken prices soar again

Even as consumers battle price inflationary pressures while the economy recovers from the novel coronavirus pandemic, Jamaica Broilers Group Limited (JBG) has announced that a 10 per cent price increase will be applied at the end of January.

“It’s incredible