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

511, 2018

Fraser-Pryce for Carib Actuarial conference

Sprint star, Ambassador Dr Shelly-Ann Fraser-Pryce has been booked to deliver the keynote address at the 28th Annual Conference of the Caribbean Actuarial Association (CAA) under the theme ‘Running the Risk’.

The Jamaican Olympic sprint legend, turned, among other things, businesswoman

511, 2018

Editorial | Recalling the global financial crisis

September 2018 marked the 10th anniversary of the collapse of the investment bank, Lehman Brothers, which is seen as the start of the Great Recession. Apart from the huge loss of wealth, jobs and housing by ordinary people in many

511, 2018

600 more join Airbnb platform

The Airbnb community in Jamaica featured 3,700 active hosts on the company’s platform, according to Leila Suwwan of the Airbnb Latin America unit.

That’s 600 more than the numbers in December when the platform registered 3,100 active hosts and 5,900 active

411, 2018

90% of loans from China will be repaid in 10 years, says finance minister

KINGSTON, Jamaica — Finance Minister, Dr Nigel Clarke, says 90 per cent of Jamaica’s outstanding debt to the Export-Import Bank of China will be repaid in 10 years.

Dr Clarke said that 99 per cent of the loans secured from China