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

406, 2023

Pay bumps impact negligible

THE Bank of Jamaica (BOJ) said Monday that it does not expect recent salary increases to have a material impact on the inflation rate and stayed from signalling when it may start to reverse rates. Governor Richard

406, 2023

Skip to main content Mobile Apps eGleaner Login Subscribe Now Kingston Few Clouds 81°F 27°C Sun | Jun 4, 2023 Home Lead Stories News Sports Entertainment Business Letters Commentary Health Lifestyle World News In Focus Auto Food Shipping Art & Leisure Classifieds Commerce Flair Jobs Podcast Puzzles Mobile version Subscribe to this feed Join us on Facebook Follow us on Twitter BOJ expects inflation to rise, maintains policy rate at 7%

The Bank of Jamaica, BOJ, on Friday said that it foresees inflation rising above the four to six per cent target range over the months of June to September 2023, data which fed into its decision to hold key interest

406, 2023

Cashless society — underpinned by technology

NRELIABLE technologies and a lack of confidence in the banking sector have been cited as the reasons Jamaicans are opting out of holding their funds digitally.

Consumers and merchants alike, on a daily basis, have been

406, 2023

Sagicor first quarter results apply international reporting standard

Sagicor published its first quarter results on Monday applying for the first time the new International Financial Reporting Standard (IFRS) 17 which replaces the old IFRS 4 standard.

The change primarily affects the treatment of long-term