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)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

Claims Payout (2012-2013)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

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

404, 2019

UK gov’t announces compensation scheme for Windrush generation

KINGSTON, Jamaica — The British Government has established a scheme to compensate members of the Windrush Generation who were unable to prove their right to live in the United Kingdom (UK).

The compensation scheme was announced in London by Home Secretary,

404, 2019

Minor quake felt in Bluefields, Westmoreland

KINGSTON, Jamaica — The Earthquake Unit at the University of the West Indies, Mona campus, says a minor earthquake was felt in sections of the island early yesterday.

The unit said the 3.8 magnitude quake occurred at 6:30 pm and

404, 2019

GK plan to list overseas alive but low priority

It has been five years since the initial announcement, but GraceKennedy Limited still plans to list on the London Stock Exchange or other foreign market.

Other events have overtaken the food and financial services conglomerate, which is otherwise executing plans that

304, 2019

Climate risk and the Caribbean — road to a just transition

While focused largely on Trinidad, this issue is relevant to the entire region. Jamaica is considered well ahead of Trinidad on this because it hasn’t had any oil and gas.

The risks connected to climate change are mounting. Across the