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

1601, 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

1601, 2019

Evan Williams builds and launches R Hotel in Kingston

Leading local architect Evan Williams has completed his 10-year odyssey to build an extended-stay hotel.

The 48-room hotel is called the R Hotel and is located on Kingston’s Renfrew Road. The 57,000 square foot hotel sits on 13,000 square feet

1601, 2019

China’s US trade surplus hit record in 2018 but tariffs bite

Beijing, China (AFP) — China’s trade surplus with the United States hit a record high last year but the country’s imports and exports fell in December as the long-running trade war begins to bite in the world’s number two

1601, 2019

Labour of love?

Alysia White (left), assistant vice president, Sagicor Group Marketing, addresses editors and reporters at Jamaica Observer’s Monday Exchange forum at the newspaper’s Beechwood Avenue offices yesterday. Also in photo are Christopher Zacca, president and CEO, Sagicor Group Jamaica and