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

1703, 2020

US stock indexes plunge

U.S. stock indexes plunged about seven per cent Monday as the Federal Reserve’s drastic interest rate cut to near zero stoked fears of a coronavirus-driven recession.

Trading on Wall Street’s three main stock indexes was halted for 15 minutes shortly after

1703, 2020

COVID-19: PM says all non-essential work should be done from home

Prime Minister Andrew Holness and Health Minister Dr. Christopher Tufton

The government has said all non-essential work must be done from home for both the public and private sector, effective Wednesday, March 18.

It was one of several announcements

1703, 2020

Protecting your money, investment from COVID-19

With the recent official announcement of the imported cases of the novel coronavirus (COVID-19) to Jamaica, many are asking about the impact to their savings and investments, and what opportunities may lie ahead, said the Keith Duncan-led JMMB Group in

1703, 2020

Tourism sector fallout from COVID-19

MONTEGO BAY, St James — The local tourism sector is now in a tailspin following news that the Canadian Government has cautioned its citizens against non-essential travel and imposed general limitations in movement in response to the novel coronavirus disease