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

1106, 2020

Jamaica signs up for first ever global safety and hygiene stamp

Jamaica is among major destinations around the world that have signed up to the world’s first-ever global safety and hygiene stamp, launched recently by the World Travel & Tourism Council (WTTC).

The WTTC, which represents the global travel and tourism private

1106, 2020

Supreme Court to hear claim from companies wanting to hold livestream AGMs

The Supreme Court has decided to hear a claim from publicly listed companies that want to hold their annual general meetings this year via live stream or electronic broadcast.

The claim, which was made by the Jamaica Stock Exchange as a

1106, 2020

Sangster International Airport implements new operating protocols for reopening of borders

MBJ Airports Limited (MBJ), the operator of the Sangster International Airport in Montego Bay, has been implementing elevated safety protocols covering communication, screening and sanitisation to meet the reopening of the country’s borders.

Jamaica’s borders, which has been closed since March

1106, 2020

EPOC confident Jamaica will recover next fiscal year

The Economic Programme Oversight Committee (EPOC) is painting a positive outlook for the Jamaican economy next year, having weathered the current COVID-19 pandemic.

In its latest review of the Government’s macro-fiscal programme for the fiscal year 2020/21 and over the