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

Holness wants credit rating agencies in on debt crisis talks

Prime Minister Andrew Holness yesterday argued that there is a need to engage credit rating agencies in discussions on what the United Nations is calling a “looming debt crisis”.

“We need to bring the credit rating agencies into our discussions, as

104, 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

104, 2021

Suez Canal reopens after stuck cargo ship is freed

Salvage teams on Monday finally freed the colossal container ship stuck for nearly a week in the Suez Canal, ending a crisis that had clogged one of the world’s most vital waterways and halted billions of dollars a day in

104, 2021

Vaccination key to tourism recovery — Henzell

TREASURE BEACH, St Elizabeth — Prominent south coast hotelier Jason Henzell is among those in the tourism industry looking forward to Phase II of the Government’s vaccination programme, as he believes the sector is starting to see good prospects for