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

305, 2023

Mastercard launches crypto credential, bringing more trust to blockchain ecosystem

MASTERCARD on Friday announced the introduction of Mastercard Crypto Credential, a set of common standards and infrastructure that will help verify interactions among consumers and businesses using blockchain networks. Mastercard Crypto Credential aims to provide a foundation for

305, 2023

US economy grows at weak 1.1% rate in sign of slowdown

The United States economy slowed sharply from January through March, decelerating to just a 1.1 per cent annual pace as higher interest rates hammered the housing market and businesses reduced their inventories.

Thursday’s estimate from the US Commerce Department showed that

305, 2023

Jamalco sold for US$1

Century Aluminum Company, a United States-based associate of Glencore, will acquire the majority stake in Jamalco for US$1, stripping former owner Noble Group of the lossmaking alumina refinery.

The deal is days away from completion.

“A wholly owned subsidiary of Century will

305, 2023

Mobile version Subscribe to this feed Join us on Facebook Follow us on Twitter Tourism booms in Jamaica after pandemic, overwhelms airport

The number of tourists flocking to Jamaica’s sun-drenched beaches soared nearly 100 per cent in the first three months of the year, causing long queues and hours-long waits for arriving passengers at the island’s main airport.

Tourism Minister Edmund Bartlett told