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

708, 2020

Strata ‘runnings’ versus the regulator, the law prevails

Whether by high rise or low rise, bodies incorporated in relation to registered strata plan, more popularly known as strata corporations (stratas), certainly appear to be on the rise throughout Jamaica.

Although regulated by statute, The Registration (Strata Titles)

708, 2020

JN Group CEO endorses the Jamaica Social Stock Exchange

Earl Jarrett, CEO of the Jamaica National Group, at the Jamaica Stock Exchange and the Inter-American Development Bank’s ‘Innovating Social Sector Financing’ project launch event held on Tuesday at the Jamaica Pegasus hotel in Kingston. (Photo: Joseph Wellington

Now

508, 2020

Inflation rate up by 1.4 % for June – STATIN

The All Jamaica Consumer Price Index for June 2020 was 105.2, indicating an inflation rate of 1.4 per cent.

This increase was largely as a result of the 3.6 per cent increase in the index for the heavily weighted

508, 2020

launches project to assist social enterprises

Jamaica Stock Exchange (JSE) Managing Director, Marlene Street Forest (centre), is assisted in unveiling the electronic banner for the US$910,000 three-year ‘Innovating Social Sector Financing’ Project, which was launched at The Jamaica Pegasus hotel in New Kingston, on Tuesday