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

508, 2020

Guardian holding posts second-quarter recovery

Regional financial services provider Guardian Holdings Limited (GHL) recorded net profits attributable to shareholders of TT$201.1 million ($4.39 billion) for the quarter ending June 30, 2020.

This represented a 50 per cent increase over the prior quarter in June 2019 and

508, 2020

Scotiabank Jamaica to expand smart deposit machine network across the island

Scotiabank Jamaica has announced plans to continue the expansion of its intelligent deposit machines (IDMs) network. The newly commissioned smart banking machines offer enhanced features such as immediate credit on cash deposits, cash denomination options and a variety of

508, 2020

Marketing and advertising important during the crisis

Just like their clients firms will be exercising restraint and prudence as we experience the economic aftershock of COVID-19.

Your marketing people will be leading your firm down one of three possible routes.

The first is to continue

508, 2020

Virgin Atlantic files for US bankruptcy protection

NEW YORK, USA (AP) — Virgin Atlantic, the airline founded by British businessman Richard Branson, filed Tuesday for protection in US bankruptcy court as it tries to survive the virus pandemic that is hammering the airline industry.

The airline made the