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

1406, 2020

Senate passes Data Protection Bill

KINGSTON, Jamaica — The Data Protection Act, 2020, which seeks to safeguard the privacy and personal information of Jamaicans, was passed in the Senate on Friday.

The Bill, which was approved without amendments in the Lower House on May 19, got

1406, 2020

Sagicor welcomes Playa announcement of US$224m financing package

Sagicor Group has welcomed the announcement that Playa Hotels and Resorts has secured additional financing of US$224 million.

Playa owns and operates the Hyatt Ziva and Zilaria hotels, as well as the Jewel Paradise Cove and Hilton Rose Hall resorts in

1406, 2020

UPDATE: Minor quake strikes in Blue Mountains

KINGSTON, Jamaica — The Earthquake Unit at the University of the West Indies, Mona says the epicentre for the minor earthquake which struck Jamaica this morning was located in the Blue Mountains, approximately seven kilometres north of Penlyne Castle in

1306, 2020

Phased reopening of business begins in some Caribbean countries

Even though the number of reported COVID-19 cases in the Caribbean is rising, some islands which have not registered a new case in days have begun to relax restrictions.

Barbados, Belize, Antigua and Barbuda and the US Virgin Islands have all