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

2605, 2019

Green light for illiterate drivers – ITA petitioned to give licences in customised exam

Jamaicans who are functionally illiterate could soon have a better chance of securing a driver’s licence, as the Island Traffic Authority (ITA) has been petitioned to modify the examination that is used to measure road-safety knowledge.

This appeal was made by

2605, 2019

Motorcycle madness

More than 400 motorcycle riders have died on Jamaica’s roads in the past four years, but still, bikers continue to put their lives at risk, creating a major challenge to other road users, and it appears that neither the

2405, 2019

Despite weakened global growth, LAC to see slow increase – UN report

Despite a weakened global economic growth, outlook projected by the United Nations World Economic Situation and Prospects (WESP) mid-2019 report, which was released yesterday in New York, suggests that growth in Latin America and the Caribbean is expected to

2405, 2019

Sagicor volunteers to labour at children’s homes today

MORE than 300 Sagicor team members and Sagicor Foundation volunteers will be out today ‘labouring’ at four children’s home across the island in support of the national Labour Day theme ‘Child Safety…It’s You, It’s Me, It’s All Ah We’.

The