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

2804, 2021

Sagicor supports digital currency in Jamaica

Sagicor Group Jamaica has signalled its support of the Government’s intention to launch a digital currency which is expected to bolster the local economy.

Speaking last week at the first in a series of Sagicor Investments educational investor briefings dubbed ‘Money

2804, 2021

IMF head: global growth prospects rising but dangers remain

WASHINGTON (AP) — The head of the 190-nation International Monetary Fund says prospects for global growth have brightened since January, helped by a $1.9 trillion United States rescue package.

But she warns that uneven progress in fighting the pandemic could

2804, 2021

Sagicor optimistic about post-pandemic growth opportunities

Financial services conglomerate Sagicor Group Jamaica Limited is gearing up to further extend its products and services locally and in the region as the company seeks to unlock value and create greater wealth for its shareholders in the aftermath

2804, 2021

Growth & Jobs | Managing your financial health during COVID-19

With April being observed as Financial Literacy Month, banker Nickeisha Cleary is reminding Jamaicans that prioritising and protecting their financial health amid the COVID-19 pandemic is vital.

Cleary, who is assistant manager, mobile banking at JN Bank, said that if more