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

809, 2021

Insurers create new products for farmers

LOCAL insurance companies have been rolling out new products for farmers and fisherfolk, under encouragement from the Ministry of Agriculture and Fisheries (MOAF), which are aimed at helping the sector to manage risk and support health and life planning.

Guardian Life

709, 2021

Sagicor parents bring out children to get Pfizer vaccine

Day two of Sagicor Group Jamaica’s Vax Day initiative saw many more team members bringing out their children coming to get vaccinated as the vaccines available now included the Pfizer vaccine, which can be administered to children 12 years and older.

709, 2021

Global oil prices expected to rise further over next few months

Assistant manager of Private Equity at Proven Management, Julian Morrison, has cautioned that oil prices will likely rise further over the next few months due to several factors now at play.

He was speaking on Taking Stock with Kalilah Reynolds recently

709, 2021

Jamaican men urged to change mindset towards prostate cancer screening

KINGSTON, Jamaica — The Ministry of Health and Wellness (MOHW) is urging a change of attitude among Jamaican men towards screening for prostate cancer, the leading cancer-related cause of death in adult males locally.

According to Dr Nicola Skyers, Director, Non-Communicable