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

1203, 2020

CAB lists on Junior Market — first company for 2020

Insurance brokerage firm Caribbean Assurance Brokers Limited (CAB) on Monday became the first company for 2020 to list its shares on the Junior Market of the Jamaica Stock Exchange (JSE), thus increasing the total listed securities on the

1203, 2020

IMF to test working from home in case virus strikes

WASHINGTON, United States (AFP) — All International Monetary Fund employees will work from home on Friday, the fund said yesterday, to test systems in case the spreading coronavirus epidemic makes working remotely a necessity.

The World Bank, too, has been testing

1203, 2020

Record-breaking $7.9-billion profit for Guardian Life

With over $7.9 billion in net profit recorded for its 2019 financial year and a 15 per cent increase over 2018, Guardian Life Limited last Saturday announced its highest profit in its 20-year history at the company’s annual awards, held

1203, 2020

New Kgn restaurant burnt after explosion

Several businesses were shut down and scores of employees evacuated when the Tao restaurant on Knutsford Boulevard in New Kingston went up in flames following an explosion yesterday morning.

When the Jamaica Observer visited the scene, debris was scattered across