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

2401, 2019

EGC maintains confidence in 5-in-4

Chairman of the Government’s Economic Growth Council (EGC) Senator Aubyn Hill yesterday insisted that the council’s confidence in their projected 5-in-4 (five per cent in four years) growth figures still stands.

According to Senator Hill, who was chairing yesterday’s press

2401, 2019

J’cans urged to consider buying shares in public companies listed on JSE

KINGSTON, Jamaica — Prime Minister Andrew Holness is encouraging Jamaicans to buy shares in public companies.

He was speaking yesterday at the 50^th anniversary of the Jamaica Stock Exchange Regional Investments & Capital Markets Conference at the Jamaica Pegasus Hotel.

Alluding to energy

2401, 2019

Search on for new BOJ governor

The search is on for a new governor for the Bank of Jamaica.

The new governor will replace Brian Wynter whose contract is due to come to an end in November.

In a statement issued Wednesday afternoon, Finance Minister Dr Nigel Clarke

2401, 2019

Spends J$500 million a year on Jamaican produce

Sandals Resorts International (SRI) continues to make a concerted effort to support and buy from the Jamaican farming industry and local manufacturing sector.

Jamaica’s leading hotel group spends over $500 million a year which equates to 5.4 million pounds of