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

1406, 2019

GK General introduces cyber insurance product as threats grow

GK General Insurance, GKI, has partnered with London-based company Tokio Marine Kiln and global reinsurance advisers Willis Tower Watson to bring a cyber insurance product to market.

The product, called Cyber Control, which becomes available on July 1, allows for

1406, 2019

Gov’t taking action to mitigate climate change impacts, says Johnson Smith

KINGSTON, Jamaica —Foreign Affairs and Foreign Trade Minister, Kamina Johnson Smith, says the Government is taking steps to reduce and manage the effects of climate change across all sectors through national and international partnerships.

Johnson Smith was addressing the LASCO

1406, 2019

App for motor vehicle registration,fitness payments coming

Jamaican motorists may soon have the ability to pay their motor vehicle registration and fitness fees online using a software application.

Minister of Science, Energy and Technology, Fayval Williams, says this is among a number of apps that will be developed

1406, 2019

Richard Byles selected as new BOJ Governor

Well-known businessman Richard Byles has been selected as the next Governor of the Bank of Jamaica (BOJ).

The announcement was made this morning in a statement by Minister of Finance and the Public Service, Dr Nigel Clarke.

“In January of this year,