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

2603, 2021

Pandemic shows the urgency for inclusive insurance

The COVID-19 crisis has had a strong impact on the income situation of the most vulnerable, the poor. However, insurance against the most important risks, including health, remains scarcely available globally. How insurance will develop in the post-COVID-19 era, and

1903, 2021

Will work from home outlast virus?

DETROIT, United States (AP) — It’s a question occupying the minds of millions of employees who have worked from home the past year: Will they still be allowed to work remotely — at least some days — once the pandemic

1903, 2021

Blockchain and cryptocurrencies explained

In the second part of this series we explain the critical differences between blockchain and cryptocurrencies. Blockchain is an extremely secure, immutable and almost incorruptible robust distributed ledger that records virtually any value transaction.

Believe it or not, blockchain

1903, 2021

Regional tourist visits down 65 per cent, says CTO

Tourist arrivals to the Caribbean fell by 65.5 per cent in 2020, according to the Caribbean Tourism Organization, CTO, but the group is forecasting a turnaround this year.

In a statement released on Monday, the CTO said the impact of COVID-19