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

2702, 2020

How to avoid a personal data

The recent inadvertent disclosure of personal data at some major financial institutions in Jamaica has signalled the need for organisations to take a very robust approach to the way in which they handle the personal data of customers. Organisations

2702, 2020

Jamaica’s 2019 January to November imports up by 3.9%, exports down 15.6%

Jamaica’s imports for January to November 2019 were valued at US$5,905.5 million, an increase of 3.9 per cent when compared to US$5,682.4 million which was spent for the similar period in 2018 according to the

2702, 2020

20 quarters of positive growth

The Planning Institute of Jamaica (PIOJ) in its latest review of economic performance has said that based on the continued stability of the macroeconomic environment, the outlook for the economy remains positive.

Speaking yesterday at its quarterly briefing and giving

2702, 2020

General Accident achieves record profit

General Accident Insurance Company Jamaica Limited (General Accident) reported Friday last (February 14) record premiums and earnings for its financial year ended December 31, 2019 and expanded its reach beyond Jamaica for the first time.

“General Accident produced the largest