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

2812, 2019

US$452-million Kingston port modernisation project nearing completion

The US$452-million port modernisation project is moving towards completion in Kingston, and it is already remaking Jamaica’s major port.

The Inter-American Development Bank (IDB), based in Washington DC, is providing two loans, amounting to US $215 million, while China Infrastructure

2812, 2019

Transport ministry launches app to expose unruly drivers

Transport and Mining Minister Robert Montague (right) is assisted by founder and chief executive officer of the Amber Group, Dushyant Savadia, in navigating the recently developed Drive Safe app at its official launch on Tuesday, at the ministry’s Maxfield

2612, 2019

Earthquake shakes Eastern Caribbean

BRIDGETOWN, Barbados (CMC) — An earthquake with a magnitude of 4.2 rocked islands in the Eastern Caribbean early Thursday.

The Seismic Research Unit at the University of the West Indies, St Augustine campus in Trinidad and Tobago, reports that the quake

2312, 2019

Christmas checklist

NEW YORK, United States —The New York Stock Exchange facade is lit in holiday colours on December 5, 2019 in New York (Photo: AFP)

Have you noticed that every year seems to go faster than the