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

2101, 2019

Gov’t to tap CDB to fund rural water projects – Holness

Prime Minister Andrew Holness has signalled his administration’s intention of tapping the Caribbean Development Bank (CDB) for competitive loan offerings to expand the country’s creaking water-supply system.

“Just recently, president of the CDB, Warren Smith, informed me that there are funds

2101, 2019

Finance Ministry moves to review public sector pay, allowances

The Ministry of Finance and the Public Service has now moved to develop a new compensation structure in the public sector, having requested expressions of interest from firms for a consultant to review pay and allowances.

It says that expertise is

2101, 2019

Let’s get to work on the traffic ticketing system

From the discussions at Wednesday’s meeting of Parliament’s Public Administration and Appropriations Committee (PAAC), it is clear that much work is needed to ensure the effectiveness of the new Road Traffic Act when it is implemented in April.

We share

2101, 2019

Investment strategies for retirees

THE new year has started with a great deal of uncertainty following the enormous volatility experienced in 2018. Last year there was an abundance of global economic uncertainty, political changes, and sharp market movements among other things. These would have