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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General Insurance (2014-2015)
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General Insurance (2014-2015)
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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
IMF says negative growth is not unlikely amid pandemic
The International Monetary Fund (IMF) is reporting that negative growth is not an unlikely scenario this year amid the covid 19 pandemic.
The multilateral agency says the world economic slowdown and disruption in supply chains, the decline in commodity prices, the
Trump agrees on $1.8 trillion economic relief package
US President Donald Trump and the Senate have agreed a massive economic relief package worth more than $1.8 trillion.
The package includes money to bail out industries that have been affected by the coronavirus crisis.
It reportedly includes payments of $1,200 to
Farmers feeling effects of hotel closures, market restrictions
The closure of some hotels and restrictions on opening time for markets due to the COVID-19 crisis have started to have a ripple effect on farmers.
Several farmers from southern St. Elizabeth say they are experiencing losses as vendors are purchasing
Tokyo Olympics postponed to 2021
Tokyo Olympics postponed to 2021
2017 General Insurance Claims
2017 General Insurance Claims
2017 General Insurance Claims
2017 General Insurance Claims
2017 General Insurance Claims
2017 General Insurance Claims
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Other Interesting Statistics
Life Insurance Caribbean
General Insurance Caribbean
Retirement Investment Caribbean
IAJ Promotes Best Practices in
The Insurance Industry.
The IAJ provides avenues for addressing common concerns and encourage sound industry practices and ethical conduct of members while promoting the best interests of the insuring public.
