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)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

Claims Payout (2012-2013)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

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

205, 2020

Senate approves Tourism Workers’ Pension Scheme

The Government is to consider extending the time given for some employees in the hospitality industry to contribute to the Tourism Workers’ Pension Scheme, in light of the impact of the coronavirus pandemic.

If approved, the extension will apply

205, 2020

IronRock Insurance waives fees and interest charges

As the novel coronavirus (COVID-19) continues to spread and impact the global economy, businesses are constantly changing to adapt to the new normal while identifying where they can save money.

Fittingly, individuals are also combing through their finances to ensure they

2904, 2020

Why we need fintech more than ever

COVID-19 has impacted every aspect of our lives. Utilising online services for bill payments, ordering of food, and even grocery shopping has for some become a norm, as opposed to a convenience. ‘Fintech’, or financial technology, is what has made

2904, 2020

Tree of Knowledge International to now trade on the Jamaica Stock Exchange

Tree of Knowledge International Corp (TOKI) — the first company to be cross-listed between the Canadian Securities Exchange (CSE) and the Jamaica Stock Exchange (JSE) — is now trading on the JSE.

The cross-listing is a major step by TOKI to