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

2709, 2019

Keith Duncan heads PSOJ

Keith Duncan, Group CEO of the JMMB Group, was on Wednesday elected as the new president of the Private Sector Organisation of Jamaica (PSOJ).

Duncan, who previously held the post of vice-president, succeeded Howard Mitchell who has demitted the

2709, 2019

The domestic economy needs to be vibrant — Clarke

Minister of Finance Dr Nigel Clarke on Wednesday evening told a gathering that the reason behind the Government’s abolishment and reduction of taxes was to stimulate the domestic industry in order to achieve strong economic growth.

“The large part of the

2709, 2019

Gov’t to introduce new security feature for driver’s licenses

KINGSTON, Jamaica — The Ministry of Transport and Mining will be introducing new security features on driver’s licences to eliminate fraud.

Speaking in the House of Representatives recently, Portfolio Minister, Robert Montague, said the new security features will be facilitated under

2709, 2019

Proven selling Access shares pending JMMB offer

Private equity firm Proven Investments Limited will sell at least half its stake in Access Financial Services to finance acquisition of more shares in JMMB Group during its pending offer to the public, the Financial Gleaner understands.

Failure to participate in