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

204, 2020

Financial grants for informal sector

Finance Minister Dr Nigel Clarke says members of the informal sector stand to benefit from financial grants to cushion the impact of the novel coronavirus disease (COVID-19). This includes bar operators, hairdressers, taxi operators, barbers, and market vendors.

“We recognised

204, 2020

Speedy action needed for economic reform amidst COVID-19-OECD

With the coronavirus (COVID-19) outbreak already bringing considerable suffering and major economic disruptions across the world, there is the view that only swift and decisive actions by governments and their nationals will help countries overcome the disease and its

204, 2020

Well-being in hard times

Many of us who have been through the 2008 financial crisis are looking back at our coping strategies diuring that difficult time and are thinking of how we can apply them again today.

And for those who have joined

204, 2020

Sandals Resorts closes amidst COVID-19

THE Caribbean’s popular all-inclusive resort chain, Sandals and Beaches Resorts, has announced the temporary closure of its hotels in response to the impacts of the novel coronavirus disease (COVID-19).

Citing travel restrictions, flight cancellations and the current global health crisis among