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)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

Claims Payout (2012-2013)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

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

1307, 2023

UK wages rising at record pace, higher interest rates likely

Wages in the United Kingdom are rising at a record-high rate amid stubbornly high inflation, official figures showed on Tuesday, bolstering expectations that interest rates will increase again – to the worry of homeowners who are seeing their mortgage payments

1307, 2023

Skip to main content Mobile Apps eGleaner Login Subscribe Now Kingston Few Clouds 81°F 27°C Thu | Jul 13, 2023 Home Lead Stories News Sports Entertainment Business Letters Commentary Health Lifestyle World News In Focus Auto Food Shipping Art & Leisure Classifieds Commerce Flair Jobs Podcast Puzzles Mobile version Subscribe to this feed Join us on Facebook Follow us on Twitter Inflation drops to 3% and Biden hopes to turn a weakness with voters into a strength

WASHINGTON (AP) — The politics of inflation took a sharp turn Wednesday with a report showing consumer prices rose at the slowest pace since the early months of Joe Biden’s presidency.

Republicans have hammered Biden over the cost of groceries, gasoline,

1307, 2023

Skip to main content Mobile Apps eGleaner Login Subscribe Now Kingston Few Clouds 81°F 27°C Thu | Jul 13, 2023 Home Lead Stories News Sports Entertainment Business Letters Commentary Health Lifestyle World News In Focus Auto Food Shipping Art & Leisure Classifieds Commerce Flair Jobs Podcast Puzzles Mobile version Subscribe to this feed Join us on Facebook Follow us on Twitter 3.3 billion people live in countries that spend more on debt interest than education, UN says

UNITED NATIONS (AP) — Some 3.3 billion people – almost half of humanity – now live in countries that spend more money paying interest on their debts than on education or health, according to a new United Nations report released Wednesday.

UN

1207, 2023

closely with private sector to build local capacity

GEORGETOWN, Guyana (CMC) — A senior Guyana government minister is calling on the Washington-based Inter-American Development Bank (IDB) to work closely with the private sector in an effort to increase local capacity.

“I would urge IDB Invest to