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

1111, 2020

The future of remote working: how will tech support your firm?

As many organisations consider more permanent models of virtual work, we explore what Slack, Microsoft Teams and Facebook are developing to support the new model.

Within a matter of days, COVID-19 demolished traditional working patterns across the world: offices were closed,

1111, 2020

Communication drive to accompany Jamaica Cares travel insurance

KINGSTON, Jamaica – Tourism Minister Edmund Bartlett says a “very strong” communication programme will be rolled out for the Jamaica Cares travel insurance programme, which will be launched soon.

The revolutionary initiative is aimed at providing travel protection and emergency services

1111, 2020

BOJ lifts cap on forex pension assets – Dual rules may complicate compliance

New regulatory guidelines will allow pension funds to double their US dollar-denominated assets by next year, but industry insiders say it may might lead to a reduction in portfolio holdings for some.

That’s because some funds already hold more than the

211, 2020

CONSUMER PRICE INDEX – SEPTEMBER 2020

KINGSTON October16, 2020: The All Jamaica Consumer Price Index for September2020 was 106.1,indicating an inflation rate of 0.2per centas released today,October 15, 2020,by the Statistical Institute of Jamaica (STATIN)

September 2020 CPI