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

903, 2019

Business Briefs -Sagicor Vote Postponed

Sagicor vote postponed

A meeting that was scheduled in Barbados over the restructuring of regional insurance conglomerate Sagicor Financial Corporation Limited, SFC, has been postponed.

Both Sagicor and the Canadian company that is acquiring it for US$536 million or US$1.75 per share

903, 2019

NIF switches investment head again

The temporary appointment of the last investment manager for the National Insurance Fund (NIF) has come to an end after 16 months, and the job has now been handed to Hope Fisher, the bond portfolio manager.

Fisher replaces Dione Jennings, who

903, 2019

No black box documents, nurse’s manslaughter case delayed

WESTERN BUREAU:

The highly anticipated committal hearing for Dana Minto, the St James nurse who is facing a charge of causing death by dangerous driving in relation to the deaths of two persons, was rescheduled yesterday when she appeared before the

903, 2019

The importance of climate proofing national policies and plans in the age of climate change

THE United Nations Development Programme (UNDP) recently supported a climate proofing training for policy analysts, a timely and relevant initiative, as the world is at a critical point in its collective efforts to address climate change.

Climate change poses a significant