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

2601, 2021

Customs reports US$15.1 billion in exports

The Jamaica Customs Agency (JCA) says for the five year period commencing January 1, 2016 to December 31, 2020, the total value of exported goods declared was US$15.1 billion.

Of this amount, bank and currency notes accounted for 53 per cent,

2601, 2021

Planning for life — pensions and old age

Life is a continuous journey which can be full of joy, jubilation, sorrow, tears and regrets. When everything is fine, we forget to plan for the future as the present is always a constant that deserves the most attention.

2601, 2021

Continuous rise in net remittances

THE latest Bank of Jamaica (BOJ) data show a continuous rise in Jamaica’s net remittances.

The data for October 2020, which was released last week, showed that net remittance inflows for the month accumulated to US$252.2 million, which was an increase

2601, 2021

JN Group expects big results from tech investment

The Jamaica National (JN) Group is deepening its investment in, and deployment of, technology to improve services to its members and employees, while increase operational efficiency.

In the past year the JN Group has been deploying additional Smart ATMs and implementing