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

1701, 2019

Earth Today | Climate Change Division to bat for special report on 1.5 degrees of global warming

A REPRESENTATIVE of Jamaica’s Climate Change Division (CCD) has noted the intention to support the use of the recently published special report on 1.5 degrees Celsius of global warming to inform policy and planning in Jamaica.

“I consider science as foundational

1701, 2019

Ministry blasts traffic ticket system as unreliable – Justice ministry levels scathing criticisms at police traffic structure

The Justice ministry has delivered a scathing indictment of the system used by the police to record traffic tickets issued to motorists, revealing publicly that there are “deficits in the accuracy and adequacy” of information sent to the courts, causing

1601, 2019

PanJam gets strong rating in first ever CariCRIS ranking

PanJam Investment has declined to say whether it will raise funds in the short term amid its first-ever rating by regional rating agency Caribbean Information and Credit Rating Services Limited (CariCRIS).

“We intend to be rated going forward regardless of our

1601, 2019

Theresa May faces no-confidence vote after Brexit vote defeat

LONDON (AP) — British lawmakers on Tuesday overwhelmingly rejected Prime Minister Theresa May’s divorce deal with the European Union, plunging the Brexit process into chaos and leading to a no-confidence vote in her government.

Moments after the vote, May said it