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

712, 2018

Canada desperately looking to fill 430,000 vacant jobs

MONTREAL, Canada (AFP) — A business group warned yesterday that a labour shortage in Canada is deepening, with more than 430,000 jobs at small and medium-sized firms remaining unfilled for at least four months.

The job vacancy rate has risen to

712, 2018

IMF calls for more oversight of JA’s financial sector

A sizeable and complex financial sector dominated by large intra- and interconnected financial conglomerate groups with cross-border linkages has prompted calls from the International Monetary Fund (IMF) for improved supervision and data collection methods for the institutions.

Last Friday the IMF,

712, 2018

Spur Tree increases Australia exports

Spice manufacturer Spur Tree will later this week send off its largest shipment of seasoning to Australia.

In fact, the 40-foot container, which is currently being packed for export to the country that is known for its unique animal species like

712, 2018

Global markets sink as uncertainty reigns

London , United Kingdom (AFP) — European markets lost ground yesterday on the back of sharp Asian losses and overnight on Wall Street, as concern grew over the US economic outlook, dealers said.

With Wall Street closed on a US national