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

2103, 2020

Jamaica Customs says imports and exports still continue…as country combats COVID-19

The Jamaica Customs Agency (JCA) is assuring its stakeholders that the agency continues to facilitate imports and exports, while it continues to institute the relevant public health protocols for both staff and customers in combating the coronavirus disease

2103, 2020

As COVID19 escalates… ‘Don’t panic,’ says JSE

THE downturn in the Jamaica Stock Exchange (JSE) since the start of the year, coinciding with fears around the coronavirus (COVID-19) pandemic across the global economy, is prompting the JSE to consider the way forward as Managing Director Marlene Street

2103, 2020

PSOJ urges SMEs to utilise sound business practices amidst COVID-19

The Private Sector of Jamaica (PSOJ) has advised members of the small-and medium-sized enterprises (SMEs) to enforce sound business practices in the wake of the novel coronavirus disease (COVID-19), highlighting it as a vulnerable time for the sector.

According

2103, 2020

Banks step up to assist customers impacted by COVID-19

Some financial institutions in its response to providing support for customers, especially those most affected by the impacts of the novel coronavirus (COVID-19), has drafted specialised measures to cushion possible effects.

According to the National Commercial Bank (NCB), it understands that