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

1901, 2019

BOJ’s inflation target missed again

A decline in agricultural prices, along with a significant reduction in international oil prices, resulted in the consumer price index falling by one per cent for December 2018, bringing the annual point-to-point inflation rate at December 2018 to 2.4 per

1701, 2019

Barbados government puts temporary freeze on borrowing

BRIDGETOWN, Barbados (CMC):

The Barbados government has put a temporary freeze on borrowing even as it reported an improvement in the island’s economic position.

“Over the next four years the Barbados government will not borrow any new funds. To put the impact

1701, 2019

Venezuela’s shares in Petrojam being offered for US$100m

A &A Lime Hall Development Limited, a company incorporated in 2004 as a rental service in Montego Bay, St James, has offered PDV Caribe S.A. a subsidiary of Petroleos de Venezuela (PDVSA), US$100 million for its 49 per cent stake

1701, 2019

EU leaders plead with UK to get its act together on Brexit

STRASBOURG, France (AP):

European Union, eu, leaders were pleading Wednesday with the UK to finally get its act together on Brexit, end internal strife and come up with a realistic plan to leave the bloc well over two years after Britain