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

3107, 2020

Mexico economy drops 18.9% in 2nd quarter

MEXICO CITY, Mexico (AP) — Mexico’s economic activity plummeted 18.9 per cent in the second quarter compared to the same period last year as the economic shutdown caused by the COVID-19 pandemic drove the country deeper into a recession, according

3107, 2020

PSOJ’s COVID-19 business podcast hits 2 million views

The Private Sector Organisation of Jamaica (PSOJ) Access to Finance Facilitation Panel (AFFP) through its weekly Facebook Live CovidCast JA: Business podcast has now reached over 2 million views around the globe.

The online series, aired every Thursday over the last

3107, 2020

The way forward for Jamaica’s tourism industry

Exactly 10 days ago, on July 21, the Jamaica Hotel and Tourist Association (JHTA) held a press conference on the impact of the COVID-19 pandemic on Jamaica’s tourism industry. The first thing to understand is that this time is truly

3007, 2020

J Wray & Nephew confirms closure of Appleton sugar factory

RUM producer J Wray & Nephew Limited (JWN) is now confirming that it will cease operating its Appleton Estates Sugar Factory in St Elizabeth but before that it will be offering a generous separation package to the 370 employees impacted.

Yesterday’s