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

1101, 2020

IAJ NEWS BULLETIN – JUNE TO DECEMBER 2019

The June to December 2019 issue of the IAJ News Bulletin carries a number of interesting activities that occurred during the period under review. Interesting reading.NEWS BULLETIN JUNE TO DECEMBER 2019 Final 2

1001, 2020

Used car dealers report robust sales in 2019

Used car dealers are reporting that sales were robust in 2019.

Lynvale Hamilton, President of the Jamaica Used Car Dealers Association, told the Financial Report that vehicle imports were also higher than in 2018.

During that year just over 30,000 used vehicles

1001, 2020

Sagicor’s SIGMA raises $400M over 21 years

The Sagicor Foundation through its SIGMA Corporate Run initiative has highlighted that within the last 21 years since inception, the company’s signature charity event has managed to raise more than $400 million benefiting some 30-plus health and educational institutions islandwide.

The

1001, 2020

Strong earthquake jolts several Caribbean islands

BRIDGETOWN, Barbados (CMC) – An earthquake with a magnitude of 5.2 rocked several Caribbean islands on Wednesday as regional countries were being urged to continue monitoring the situation in Puerto Rico where two strong earthquakes have been blamed for the