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

2302, 2020

Exodus launches into insurance market

In what was described as an almost divine appointment, the founders of Exodus Insurance Brokers have articulated how they have charted a path in becoming the newest brokerage firm to enter the insurance market.

The

2302, 2020

Praise for emergency response in Mandeville fire

MANDEVILLE, Manchester — Emergency services in this south-central town are getting high praises for their response to a fire at the Heaven’s Fesco service station on Friday evening which left five people injured and damaged cars, as well as the

2302, 2020

Mandeville gas station fire victim dies

MANCHESTER, Jamaica — One of the five people hospitalised following Friday afternoon’s massive fire at the Heaven’s Fesco service station in Mandeville has succumbed to burns he sustained, OBSERVER ONLINE has been reliably informed.

Relatives confirmed that the deceased, a pig

2302, 2020

BOJ reports ‘generally balanced’ foreign exchange demand and supply

KINGSTON, Jamaica — Bank of Jamaica (BoJ) Governor, Richard Byles, says demand and supply in the local foreign exchange market, save and except for periodic bouts of extraordinary demand, are “generally in the balance”.

“The post-Christmas demand has been settled, and