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

2402, 2019

Cedric Stephens | Elevating the insurance consumer, Part 2

ADVISORY COLUMN: INSURANCE HELPLINE

Only one of the many persons who contacted me last week is a regular Sunday Gleaner reader.

However, all shared bad experiences with their insurance companies and brokers. Their stories are relevant to the regulator’s new rules on

2402, 2019

GK spicing up US market

Buttressed by its investment in a Florida-based patty company, GraceKennedy (GK) has expanded its convenience-food offerings to eight states in the United States (US), an initiative that will test just how much the American palate can handle jerked wings.

The distribution

2402, 2019

BCIC upgrading HQ, rolling out online platform

BCIC expects its motor premium pricing to fall as it rolls out a new technology platform and migrates customers online.

The general-insurance company is also upgrading the facilities at its headquarters in downtown Kingston with several changes, which are also customer-centric,

2302, 2019

General Accident reports 50% increase in profit before tax

4:04 pm, Fri February 22, 2019

General Accident Insurance is reporting a 50 per cent increase in its profit before tax for the year ending December 31.

The company posted $354 million in pre-tax profit up from $236 million