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

708, 2023

JMMB launches programme for women entrepreneurs

Financial conglomerate JMMB Group through its SME Resource Centre has launched a six-month programme, ‘PowHerful Women in Business’, to support women-led and female-owned businesses operating in Jamaica and Trinidad.

The programme targets small and medium-sized enterprises (SMEs) earning

708, 2023

BCIC donates $1m for Mango Valley Papaya Project with Food for the Poor

BCIC, a leading general insurance company, has donated $1 million to the Mango Valley Papaya Project in collaboration with Food for the Poor. Through this contribution, BCIC aims to address the challenges faced by farmers in the Mango Valley community

708, 2023

GK doubles down on water in deal for Unibev

GraceKennedy Limited has signed an agreement to purchase 100 per cent shareholding in beverage company Unibev Limited, an advancement on the deal it struck two years ago with the company to acquire the 876 spring water brand.

The announcement of the

708, 2023

Labour ministry cautions call for AC in factories

Signage for the Ministry of Labour and Social Security .

INSTALLING an air-conditioning (AC) system in a factory to manage heat may create more harm than good, according to the Occupational Safety and Health Department in the Ministry