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

2611, 2020

Agriculture modernisation project to be included in public sector investment programme

KINGSTON, Jamaica— Cabinet has given approval for the US$25-million Modernisation of the Agriculture Sector Programme (MASP) to be included in the public sector investment programme.

The initiative is a five-year project that will be executed by the Ministry of Agriculture and

2611, 2020

Consumers told to brace for higher fruit, vegetable prices as Christmas approaches

Severe weather conditions over the past month along with challenges from the COVID-19 pandemic has caused vegetable prices across Jamaica to rise by an average 50 per cent in one week, November 14 to 21.

Xavier Charvis, marketing officer at Rural

2611, 2020

COVID-19 antigen testing being piloted at nine public health facilities

The Ministry of Health and Wellness has commenced the pilot of antigen testing for the coronavirus (COVID-19) at nine public health facilities islandwide.

The month-long exercise, which got under way on Monday, is being conducted at the Kingston Public Hospital, Bustamante

2611, 2020

BOJ warns of worsening labour market conditions

increase within the range of 13.0 per cent to 15.0 per cent, which is much higher than the 9.0 per cent recorded over the past year. The BOJ said the worsening unemployment condition is predicated on the adverse impact of