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

2710, 2019

Sagicor implements work-from-home policy

KINGSTON, Jamaica — Sagicor Group Jamaica recently implemented a work- from-home policy, offering its team members the opportunity and flexibility to complete their duties from the comfort of their home.

The policy, which came into effect in August 2019, was piloted

2710, 2019

Key Insurance continues on its journey to recovery

From (L-R): Sandra Masterton, managing director, and Natalia Gobin-Gunter, chairman and non-executive director of Key Insurance, speaking at an AGM held by the company on Wednesday. (Photos: Joseph Wellington)

After incurring net losses of 167.5 million

2710, 2019

The real need for labour reform

On October 20, a newspaper article titled ‘Millennials struggling to survive on low-paying jobs’, lamented the fact that many young people entering the job market are not able to find jobs that allow them to create a solid financial base.

My

2710, 2019

SEAF launches new private equity fund in the region for SMEs

Small Enterprise Assistance Fund (SEAF), an American-based investment management company partnering with Sagicor Investment, has moved to develop a private equity fund for small and medium-sized enterprises (SMEs) in the Caribbean.

The fund is expected