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

2003, 2019

‘Roll out the cyaapet’ – Holness says legacy projects set for completion by summer

The Government is seeking “competitive” sources of financing to undertake a proposed third infrastructure development initiative to succeed the Major Infrastructure Development Programme (MIDP), which was in its winding-up phase, to significantly improve aspects of Jamaica’s transportation network.

In his contribution

2003, 2019

Time to build! – PM unveils new NHT benefits

Prime Minister Andrew Holness yesterday announced plans by the National Housing Trust (NHT) to increase the limit for loans by $1 million, raise the ceiling for construction loans, while reducing interest rates for all contributors. He declared that now was

1803, 2019

Five pioneering women in the actuarial profession

As we approach the 100^th anniversary of the year when women were first admitted to the Institute of Actuaries of the UK, I thought it would be interesting to reflect on some of female pioneers of the profession.

The honour

1803, 2019

The 14 stages of investor behaviour

Behavioural Finance is the study of investor behaviour, which endeavours to understand and explain how investors think, act and why they do what they do. Most investors understand the concept of buying low and selling high. However, because they allow