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

1911, 2018

BANK OF JAMAICA MAINTAINS POLICY RATE

Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on
overnight placements with Bank of Jamaica) unchanged at 2.00 per cent.
This decision reflects the Bank’s assessment that inflation will approach the upper end of
the 4.0

1911, 2018

Oran Hall | Buying stocks to get a certain return?

QUESTION: I really want to start buying shares from local companies, even maybe from foreign companies like Amazon, but really I am looking at next year, by God’s will. How much money would I have to invest in order to

1911, 2018

NCB to make new offer for Guardian Holdings shares

NCB Financial Group Limited (NCB), which operates one of the largest financial entities in the region, will make another bid for additional shares in regional insurance conglomerate Guardian Holdings Limited of Trinidad (GHL) following a determination by the Trinidad and

1811, 2018

IDB says Caribbean urgently needs ‘quality leap’ from declining export competitiveness

BUENOS AIRES, Argentina (CMC) — A new report by the Inter-American Development Bank (IDB) says Latin America and the Caribbean need a “quality leap” from declining export competitiveness.

On Wednesday, the IDB said in the first quarter of 2018, the