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

2603, 2020

Persons 75 and older who must stay indoors to get gov’t assistance

Prime Minister Andrew Holness says special provisions have been made in the government’s COVID-19 stimulus package to provide financial assistance to Jamaicans 75 and older who must now remain indoors.

The order restricting the movement of these persons took effect today.

Under

2303, 2020

Private sector commits $150 million to COVID-19 response

As the number of confirmed cases of the novel coronavirus disease (COVID-19) increases in Jamaica, private sector organisations have committed to assisting the Government with the resources needed to effectively manage the cases.

Private Sector Organisation of Jamaica (PSOJ) members across

2303, 2020

Sagicor donates US$1 million to COVID-19 fight

Sagicor Financial Limited has committed to donating US$1 million in the fight against the pandemic of the novel coronavirus disease in Jamaica and the wider Caribbean.

In a release on Friday the entity said that as the region’s leading insurance

2303, 2020

World Bank approves US$70M funding for Jamaica

he World Bank has approved US$70 million in budget support financing to Jamaica to support the country’s reform programme and efforts to strengthen and accelerate recent gains in fiscal consolidation and sustainable growth.

The multilateral lending agency on Thursday approved the