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

3003, 2023

Hanover motorcyclists get NRSC road safety training

WESTERN BUREAU:

Motorcyclists in Hanover, a region consistently featured in the top three parishes in fatal crashes involving motorcycles, were the recipients of the 11th staging of the National Road Safety Council’s (NRSC) Motorcycle Outreach and Training Programme, which was staged

3003, 2023

Life insurance: A tool for intergenerational wealth

JAMAICANS seeking to build intergenerational wealth can do so with the help of life insurance, according to Matthew Fisher, financial advisor at Sagicor Life Insurance Company.

“Having some insurance is always better than having none,” Fisher outlined

3003, 2023

Over 5,000 new companies incorporated in 2022

WITNESSING an 11 per cent uptick in the number of companies incorporated last year, the Companies Office of Jamaica (COJ) said it is encouraged by the growing list of entrepreneurs who have been moving to secure formality for

3003, 2023

Duncan calls for review of wage-to-GDP target

CO-CHAIRMAN of the Economic Programme Oversight Committee (EPOC) Keith Duncan is calling on the Government to review the 9 per cent wage-to-GDP (gross domestic product) ratio that was set in the fiscal rules 10 years ago with projections