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

2007, 2020

Virus resurgence poses biggest risk to US economy, says IMF

WASHINGTON, DC, United States (AFP) — The dominant risk to the US economic recovery is a resurgence of COVID-19 cases that would force renewed business shutdowns, the International Monetary Fund (IMF) warned yesterday.

The US Government will need to do more

2007, 2020

Staying the investment course

Fear is one of the most basic human emotions. It is programmed into the nervous system and works like an instinct. From the time we are babies, we are equipped with survival instincts necessary to respond with fear when

2007, 2020

Scotia Group fully embraces digital pathway

Scotia Group Jamaica Limited says it has been using the unprecedented circumstances surrounding COVID-19 as a learning experience for their operations. This they anticipate will place greater emphasis on digital transformation within the company and, by extension the wider

2007, 2020

Sagicor Life now offering critical illness plan for children

Sagicor Life Jamaica now has on the market a new critical illness insurance plan which offers coverage of up to $10 million to children between the ages of three months to 15 years.

The Child Protector Plan, offers critical illness coverage