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

1903, 2021

Guardian to relist on JSE

Aiming for a better market reflection of the value of the company, Guardian Holding Limited, GHL, plans to cross-list its stock in Kingston after a seven-year hiatus.

The Trinidad & Tobago-based insurance conglomerate previously traded on the Jamaica Stock Exchange, JSE,

1903, 2021

BOJ NEWS RELEASE: WHICH INFLATION RATE DOES BOJ TARGET?

On Friday, 15 January 2021, the Statistical Institute of Jamaica (STATIN) published its bulletin for the Consumer Price Index for December 2020. In this report, it was noted that, for calendar year 2020, the inflation rate was 6.4 per cent.

The

1903, 2021

Former central banker joins fintech board as chairman

Retired central banker Livingstone Morrison has joined financial payment provider, WiPay Jamaica, as chairman of the board, effective March 5. WiPay Jamaica, a subsidiary of WiPay Caribbean Holding, serves as a platform to send and receive payment…

http://jamaicagleaner.com/article/business/20210310/former-central-banker-joins-fintech-board-chairman

1903, 2021

GK looking to insurance, food deals to beat 2020 profit record

GraceKennedy Limited has struck a deal with Scotia Insurance Caribbean Limited for the full takeover of Scotia Insurance Eastern Caribbean Limited, SIECL, subject to regulatory approvals.

The cost of the transaction and its financing were not disclosed, but GraceKennedy has a