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

1803, 2019

Guardian Life makes record profits for 20th anniversary

FOR the first time in its 20-year history, Guardian Life Limited has achieved a consolidated net profit of $6.9 billion.

The announcement was made by Eric Hosin, president, Guardian Life, during the company’s 19th Annual Awards Ceremony hold on Saturday, March

1803, 2019

Whopper suggests Jamaican dollar is undervalued against … but overvalued against many others

JAMAICA no longer has a McDonald’s fast food restaurant, so it is not included in The Economist newspaper’s Big Mac Index. It is one of the few places that doesn’t have a restaurant from that American chain, and the Big

1803, 2019

Oran Hall | Sensible returns at low risk

ADVISORY COLUMN: PERSONAL FINANCIAL ADVISER

QUESTION: I am seeking your advice on how to best invest $750,000, which I have in my credit union. I have been working for over 13 years in my current job. I have been saving an

1803, 2019

GK to refinance loans for logistics centre

Food and financials services conglomerate GraceKennedy Limited plans to raise up to $500 million in a refinancing deal.

The facility will replace a US dollar-denominated loan utilised to fund the build-out of its logistics centre in the United States, said Group