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

806, 2020

Zacca backs proposal for National ID system

THE Government’s thrust for a national identification system has received support from the head of one of the country’s largest financial players.

President and chief executive officer of the Sagicor Group Christopher Zacca says a national identification system is important for

806, 2020

Gov’t sees opportunities in agriculture after COVID-19

Having spent $240 million to move over one million pounds of excess produce from farmers since the onset of the COVID-19 pandemic, government is relying on the agriculture sector to help the country break out of the current economic slump.

Speaking recently

806, 2020

Prepare for higher temperatures this summer – Met Office

The Meteorological Service of Jamaica (Met Office) is urging Jamaicans to prepare for higher than normal temperatures over the summer period which begins on June 20 and ends on September 22.

Director of the Met Office, Evan Thompson, said that already

606, 2020

Sagicor Life to manage billion-dollar tourism pension fund

The Government of Jamaica is pressing ahead to debate new pension regulations for the tourism sector and to prepare for the administration of oversight bodies.

Tourism Minister Edmund Bartlett indicated this week that the Board of Trustees of the Tourism Industry