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

2204, 2019

Delinquent tenants will be fined under new law

TENANTS who fail to pay their rent, or breach other rules set out in the landlord and tenant covenant, could be hit with hefty fines under the revised Rent Act, which is expected to be finalised this year.

Rose Bennett-Cooper,

2204, 2019

Unemployment drops to record low 8 per cent

Director general, Statistical Institute of Jamaica (STATIN) Carol Coy (seated, centre) looks over the March 2019 Consumer Price Index and January 2019 Labour Force Survey at a press conference on Tuesday at STATIN’s offices in St Andrew. Looking on

2204, 2019

Jamaica records most successful winter tourist season

Minister of Tourism Edmund Bartlett (centre, back row), and Executive Director of the Tourism Product Development Company (TPDCo), Dr Andrew Spencer (fourth left, back row), with several participants in the Jamaica Blue Mountain Coffee Festival Volunteer Training Programme, during

2204, 2019

China economic growth steady amid tariff fight with US

China’s economic growth held steady in the latest quarter, despite a tariff war with Washington, as Beijing’s efforts to reverse a slowdown started to gain traction.

The world’s second-largest economy expanded by 6.4 per cent over a year before in the