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

903, 2020

Anxiety grips companies across the world as virus spreads

A worker cleans the signage of a fast food restaurant as businesses slowly restart in Beijing, yesterday. As China’s coronavirus cases and death steadily falls, authorities are trying to restart its businesses and factories after a virtual shutdown which

903, 2020

Too Black to Succeed: The FIN$AC Experience

The Mandeville-based husband and wife team of Valerie and Alvin Dixon partnered in the publishing of Valerie’s tale, which includes their shared experience of what she describes as “the FINSAC debacle”.

They are seen here at Eden Gardens Wellness Resort

903, 2020

Portmore chamber wants cut in income, corporate taxes

THE Portmore, St Catherine-based Sunshine City Chamber of Commerce has called for a reduction in some taxes, as Government prepares to deliver its annual budget this week.

It wants:

1. A reduction of personal income tax from 25 per cent to 20

903, 2020

US tells citizens to avoid cruises

THE United States Government has advised its citizens to avoid cruises as the novel coronavirus continues to spread.

“US citizens, particularly travellers with underlying health conditions, should not travel by cruise ship,” the State Department said in a statement posted to