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

2906, 2021

Dealing with the ticklish matter of an insurance claim

Dear Claudienne,
My Toyota RV4 met in an accident with a truck on the afternoon of November 27, 2019 on the Marcus Garvey highway in Kingston.

I made a report on the accident immediately at the Hunt’s Bay police station, and although

2906, 2021

Microfinancing institutions urged to prepare for Microcredit Act

NICO Carridice, co-founder and CEO of financial technology company Tarpa Corporation Limited, is calling on microfinancing institutions (MFIs) to “get in line” and prepare to become licensed and regulated entities in time for the implementation of The Microcredit Act, 2021.

In

2906, 2021

Stock Exchange to launch direct market access to connect Canadian, Jamaican markets

AS part of its continued attempt to broaden its product offerings and make itself a global stock exchange, the Jamaica Stock Exchange (JSE), through the Jamaica Central Securities Depository (JCSD), will be launching direct market access (DMA) shortly with a

2906, 2021

McNaughton takes over at CUMax

Eighteen months after leaving Barita Investments Limited, Ian McNaughton is running another investment company, having tried his hand at independent consulting and nixing it in favour of a new corporate chair. Barita’s former