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

1906, 2020

KINGSTON WHARVES SPENDS $1B ON DEVELOPMENT PROJECTS

Kingston Wharves Limited (KWL) has invested some $1 billion in terminal and logistics infrastructure development projects in an expanded vision to become the preferred port-centric logistics partner connecting the world to Caribbean markets, according to Chief Executive Officer (CEO) Mark

1906, 2020

Delay opening Airbnb sector —Montego Bay Chamber president

MONTEGO Bay Chamber of Commerce and Industry President Janet Silvera is calling for a delay in the resumption of activities in the Airbnb sector, as the country’s tourism industry fine-tunes protocols to deal with the novel coronavirus pandemic.

Silvera, who made

1906, 2020

More diversification Sagicor Real Estate X Fund confidently targeting big commercial, real estate developments

Sagicor Real Estate X Fund Limited is rising from an indifferent first-quarter performance and is confidently pushing forward with a more diversified investment holding that will include commercial and significant real estate developments.

With a

1906, 2020

Caribbean Businesses expected to be more resilient after COVID-19 – survey

10:18 am, Mon June 15, 2020

A survey by PricewaterhouseCoopers (PwC) claims that 71 percent of Caribbean businesses are expected to be more agile and resilient after COVID-19.

PwC’s COVID-19 Pulse Survey on May 11 involved 867 chief financial officers, CFOs, in more than 24 countries and