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

802, 2021

Good income — earn more money on your portfolio in 2021

With the new year off to a seemingly fast start, investors are eager to find ways to identify areas of potential gain.

Sterling Asset Management, in their latest Virtual Investor Forum, Eugene Stanley –VP Fixed Income and Foreign Exchange and

802, 2021

Equity markets roar for APOs — basis of allotment announced

Although equity markets are far from their all-time highs, investors demand for equity investments hasn’t waned as Derrimon Trading Limited (DTL) and PROVEN Investments Limited’s (PIL) multi-billion additional public offerings (APO) were both heavily oversubscribed.

With Barita Investments Limited

502, 2021

New social pension programme

CABINET has approved the implementation of a new social pension programme that will see non-pensioners, aged 75 years and older, receiving $3,400 per month with immediate effect.

Minister of Education, Youth and Information Fayval Williams made the announcement at yesterday’s virtual

502, 2021

We are facing a crime epidemic, says PSOJ president

THE Private Sector Organisation of Jamaica (PSOJ) has given a high rating to Commissioner of Police Major General Antony Anderson, but low ranking to politicians in the fight against serious crimes.

PSOJ President Keith Duncan told reporters covering the organisation’s press