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

704, 2020

Jamaica National establishes Member Welfare Fund to ease burden of COVID-19

KINGSTON, Jamaica — The Jamaica National (JN) Group has established a Member Welfare Fund to ease the burden for its members and customers who have been affected by the COVID-19 pandemic.

Chief executive officer of group, Earl Jarrett, made the announcement

704, 2020

Sagicor Investments lowers online trading charges

KINGSTON, Jamaica – Sagicor Investments has reduced its online trading fee to 0.5 per cent for clients who have an established online trading account with the Jamaica Stock Exchange’s (JSE) online traders’ platform – Jtraderpro.

The fee reduction is aimed at

304, 2020

Coronavirus hits rich and poor unequally in Latin America

PORT-AU-PRINCE, Haiti (AP) — From Mexico City to Port-au-Prince, Haiti, and Santiago, Chile, the coronavirus is taking root in the world’s most unequal region, where many of Latin America’s first cases arrived with members of the elite returning from vacations

304, 2020

Industries that will boom/provide the most opportunities post-COVID -19

In a little under three weeks the entire world has literally changed, and will never, ever be the same. A virus which started in Wuhan, China, has quickly spread around the world, and life as we know it has been