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

106, 2019

Insurance plan for energy providers in the works

CHRISTCHURCH, Barbados:

Regional insurance fund CCRIF Spc plans to implement new insurance products for utility providers and vulnerable professions.

CEO Isaac Anthony argued that vulnerable groups, such as fishers and farmers, tend to be hardest hit by natural disasters and often

3005, 2019

Canopy uses AIS technology for claims processing

From left: Stacey Halsall Peart, chief operating officer, AIS; Doug Halsall, chairman and CEO, AIS; Sean Scott, CEO, Canopy Insurance

New entrant to the group health and life insurance market, Canopy Insurance Limited, has partnered with technology firm

3005, 2019

Canada firm makes new gold find and plans to drill

Carube Copper Corporation made new gold and copper finds in Jamaica and wants to drill for the metals, according to the Canadian company’s latest market filings .

There are strong levels of gold in the soil and rocks, and the Main

3005, 2019

Pension market tops $600b

Jamaica’s life insurance companies continue to manage more than 50 per cent of local pension funds, according to the latest data from the Financial Services Commission, FSC, which is also reporting that the market has grown to $601 billion in