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

1704, 2020

IDB predicts severe economic impact from COVID-19 for Caribbean countries

As the unprecedented crisis of the COVID-19 pandemic continues its onslaught on the world, the Inter- American Development Bank (IDB) has said that there will be severe economic implications for some Caribbean countries.

In its recently released

1704, 2020

STATIN reports slight decline in unemployment for January

The Statistical Institute of Jamaica (STATIN) in its labour force survey findings for January said that the period recorded an unemployment rate of 7.3 per cent which was 0.7 percentage points lower than the rate of 8.0 per cent in

1504, 2020

Key Insurance migrates to main market of JSE

Key Insurance Company Limited has migrated to the main market of the Jamaica Stock Exchange.

This took effect Thursday.

A notice on the JSE’s website said Key’s application to leave the Junior Market was approved on Tuesday.

http://rjrnewsonline.com/business/key-insurance-migrates-to-main-market-of-jse

1504, 2020

Airline revenues to nosedive by 55% in 2020: IATA

GENEVA, Switzerland (AFP) — Airline passenger revenues are set to plunge by 55 per cent, or US$314 billion, in 2020 due to the novel coronavirus pandemic, the International Air Transport Association (IATA) said yesterday.

It marks a sharp worsening of the