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

1509, 2020

Palace Amusement answers the call for drive-in cinema in Jamaica

Jamaica’s lone cinema operator Palace Amusement Company has answered the howling calls for a drive-in cinema, given the restrictions to moviegoing because of COVID-19.

Palace Amusement has disclosed that “in its continued effort to provide an additional

1509, 2020

Jamaica receives US$2.1 billion to support medium-term socio-economic framework

KINGSTON, Jamaica— Jamaica has received US$2.1 billion in official development assistance from international development partners to advance the Government’s strategic objectives and priorities under the 2018-2021 medium term socio-economic policy framework.

As contained in the Planning Institute of Jamaica’s (PIOJ) 2019

1509, 2020

General Accident Looks To Region For More Strength

Published:Sunday | September 13, 2020 | 12:18 AM

Coming off a record year of premium income and net profits, General Accident Insurance Company is looking to maintain momentum in the pandemic by expanding its footprint in the region.

Last

909, 2020

Panjam moves forward with future projects

Despite net profit for the first six months of the year falling by 87 per cent, Panjam Investments Limited is continuing with current projects such as the Rok Hotel which is the company’s latest real estate project.

Since outbreak of