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

502, 2020

China opens virus hospital, market plunges as toll grows

BEIJING, China (AP) — China opened a new hospital built in 10 days, infused cash into tumbling financial markets and further restricted people’s movement in sweeping new steps Monday to contain a rapidly spreading virus and its escalating impact.

Japanese officials

502, 2020

NCB — from ‘ugly monkey’ to world class

From being described as an ‘ugly monkey’ that no one wanted, to becoming the leading financial group in Jamaica, NCB Financial Group is now accelerating its strategy towards becoming world class, according to President and NCB Financial Group Chief Executive

502, 2020

Tourism Workers Pension Act now in effect

Tourism Minister Edmund Bartlett says the Tourism Workers’ Pension Act came into effect on January 31, paving the way for registration under the pension scheme to begin soon.

“This gazetted date sets the stage for the Board of Trustees to conclude

402, 2020

Oil prices fall amid worries about coronavirus outbreak

Oil prices fell on Friday and were on track for a fourth straight weekly loss on mounting worries about economic damage from the coronavirus that has spread from China to around 20 countries, killing more than 200 people.

Prices