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

2811, 2021

Public offers, options and buy-backs

There are many ways for shares to be increased or reduced in a company. This can vary from a share buy-back, stock split, reverse stock split, initial or additional public offerings or a stock option plan. Today’s article will

2811, 2021

Toughen the regulation!

The International Monetary Fund (IMF) is pressing the Bank of Jamaica (BOJ) to strengthen the supervision of financial conglomerates to reduce the risk their subsidiaries pose to the group and other financial entities.

The IMF, in its latest assessment of

2811, 2021

Sticking to the Christmas budget

The holiday season brings a mix of joy and anxiety as everyone tries to figure out how to keep their loved ones happy and treat themselves while avoiding the proverbial “financial hole”.

Create a holiday budget

According to at least one

2811, 2021

JHTA projects 65 per cent occupancy for winter tourist season

The Jamaica Hotel and Tourist Association (JHTA) is projecting an average 65 per cent occupancy for the 2021 winter tourist season.

This would be similar to 2019, which was the best winter tourist season in recent times.

According the just re-elected JHTA president Clifton