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

1601, 2019

Help for Hospital

St Andrade Sinclair (third right), CEO of May Pen Hospital, one of the beneficiaries of this year’s Sagicor Sigma Corporate Run, addressing yesterday’s Jamaica Observer Monday Exchange. Flanking him are (from left) Stacey McKenzie, Jamaican/Canadian fashion model and runway

1601, 2019

Dennis Boothe new chair of Commodities Authority

Gusland McCook, acting director general of the Jamaica Agricultural Commodities Regulatory Authority (JACRA), has confirmed that business consultant Dennis Boothe has been appointed chairman of the board of JACRA.

JACRA’s first chairman, Richard Pandohie, resigned soon after taking the position last

1601, 2019

Magnitude 3.4 earthquake felt in several C’bean islands

BRIDGETOWN, Barbados (CMC) — Several countries in the region were rocked by a magnitude 3.4 earthquake early Sunday.

The United States Geological Survey (USGS) reports that at 7:29am (local time) the tremor affected the British Virgin Islands, Dominica, St Martin,

1601, 2019

Oran Hall | Bad-debt predicament

Question:

I am in bad debt on two angles. I have an outstanding credit card debt, and I also have a bad debt, with a company in the micro finance sector. The latter was a loan I stupidly took for my