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)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

Claims Payout (2012-2013)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

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

1901, 2021

Making health-care delivery more efficient

MEDICAL science students at The University of the West Indies (UWI) now have greater access to innovative technologies to make the process of health-care delivery more efficient.

This access comes through a memorandum of understanding (MOU) between the institution and Novamed

1901, 2021

Bike squad is coming!

AN elite quick response motorbike team, similar to the one operating in Montego Bay, St James, which is helping to swiftly nab criminals, is soon to hit the streets of the Corporate Area.

Police Commissioner Major General Antony Anderson, addressing members

1901, 2021

New Bill tabled to regulate microcredit companies

THE Consumer Affairs Commission (CAC) has been identified as the body which will be responsible for dealing with complaints against microcredit institutions, under a new Microcredit Bill, tabled in the House of Representatives on Tuesday.

According to the Bill, the CAC

1701, 2021

Biometric data for NIDS database will be encrypted

PROGRAMME director for the National Identification System (NIDS) Warren Vernon says that biometric data for the national identification database will be encrypted to prevent unauthorised access.

“Your fingerprint and facial image will be encrypted, so that a regular person just can’t