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

807, 2020

Secrets of good remote management

REMOTE working has become a reality for many accountancy and finance professionals. It has brought with it numerous challenges when compared to more traditional ways of working.

One of the most significant of these challenges is how to manage staff effectively

807, 2020

General Accident creates history surpassing $10 billion in gross written premiums in 2019

For the first time in its history, insurance company General Accident surpassed $10 billion in gross written premiums last year.

This represents a 23 per cent increase over 2018, as the General Accident Group wrote more than $10.7 billion in

807, 2020

Sagicor parent buys stake in Playa

Regional insurance conglomerate Sagicor Financial Company, the ultimate parent for Sagicor Group Jamaica, has acquired nearly US$5 million worth of shares in Playa Hotels & Resorts.

The Sagicor network now holds 16 per cent of Playa shares, mostly through Sagicor Group

807, 2020

COVID-19 could trigger NCD crisis, PAHO warns – Local situation getting grim, says Diabetes Assn head

The Pan American Health Organization (PAHO) is warning that some countries could be setting themselves up for a different health crisis as they divert attention from the fight against non-communicable diseases (NCDs) to battle COVID-19.

“Services for the prevention and treatment