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

611, 2019

IMF completes final review of Jamaica’s performance under Stand-by Arrangement

The Executive Board of the International Monetary Fund (IMF) has completed its final review of Jamaica’s performance under the Stand-By Arrangement.

Deputy Managing Director of the IMF Tao Zhang noted that the Jamaican authorities have demonstrated an exemplary commitment to reforms

511, 2019

Data protection, privacy and the State

he delay in passing the Data Protection Act is stymieing the development of our national cybersecurity policy and leaving question marks around the privacy rights and sovereignty of Jamaican citizens. In the absence of the Data Protection Act, the

511, 2019

Centre hands over US$50,000 for Bahamas relief

Minister of Tourism and Co-Chair of the Global Tourism Resilience and Crisis Management Centre (GTRCM), Edmund Bartlett (4th L) and Dr Taleb Rifai, Co-Chair of the GTRCM and former Secretary General of the UNWTO (2nd R), hand over US$50

411, 2019

Lakes Pen venture could be a game changer for agribusiness

Gassan Azan (left) speaking at the Jamaica Chamber of Commerce (JCC) ‘Conversations at Breakfast’. Next to him is Lloyd Distant Jnr, president of the JCC. (Photo: Joseph Wellington)

Businessman Gassan Azan has described his Lakes Pen high-tech agricultural venture