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

1101, 2019

NCB-managed pension fund snaps up Student Living shares

The John Lee-controlled K Limited continues to sell down its holdings in 138 Student Living (138SL) with roughly $260 million sold to a pension fund managed by NCB Insurance Company, NCBIC, according to market data on the housing developer.

“I am

1001, 2019

Bonds and preference shares for income, safety of principal

Question: I read your column published in The Gleaner yesterday, and I must say that it was quite enlightening as it answered some of the questions that I had regarding investing in stocks. I currently have savings that I would

1001, 2019

NCB Group to grow revenues to US$1.5 B with GHL assets

Jamaica-based NCB Financial Group (NCBFG) has indicated that its consolidated revenues with Trinidad-based Guardian Holding Limited (GHL) would surpass US$1.5 billion, or just under J$200 billion, provided GHL shareholders accept the offer now before them to sell their shares.

Additionally, the

1001, 2019

Jamaica grows 1.8 per cent for July quarter

Jamaica’s economy grew by 1.8 per cent for the period July to September 2018 when compared to the similar quarter of 2017, according to latest data from the Statistical Institute of Jamaica (STATIN).

The growth was attributable to improved performances in