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

305, 2020

Montego Bay scammers allegedly working overtime to fleece bank accounts

ST JAMES, Jamaica — Scammers have been allegedly working overtime in recent times to fleece bank account holders who receive their salaries by direct deposits, or who have savings at different banking institutions.

Two voice notes currently circulating on social media

205, 2020

JMEA reports 60 per cent decline in revenues for productive sector

A recent survey piloted by Jamaica Manufacturers and Exporters Association (JMEA) indicated that more than half or just about 60 per cent of businesses surveyed in the country’s productive sector have seen a decline in revenues as the COVID-19 pandemic

205, 2020

Pompeo criticises South Africa, Qatar for taking Cuban doctors

WASHINGTON, United States — US Secretary of State Mike Pompeo on Wednesday criticised South Africa and Qatar for accepting doctors from Cuba to battle the coronavirus, accusing the communist island of profiting from the pandemic.

Cuba’s globetrotting

205, 2020

Realising untapped export potential

President of Jamaica Promotions Corporation (Jampro) Diane Edwards says there is more than US$61 million in untapped international export opportunities across the main metropolitan markets for Jamaican businesses.

According to her, Jampro’s export strategy during and after COVID-19 includes helping