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

1003, 2023

Students’ loan appeal

THE Opposition has urged Government to remove the guarantor requirements to access funding from the Students’ Loan Bureau (SLB) for all students, instead of limiting it to those on the Programme of Advancement Through Health and Education (PATH).

1003, 2023

Carey-Anne Williams | BOJ policies guided by data

Bank of Jamaica has taken note of an article published in The Gleaner on March 1, written by Dr Samuel Braithwaite and titled ‘BOJ Monetary Policy: Is There a Byles Effect?’

In the article, several questions were posed to BOJ, and

1003, 2023

Consider mutual funds as part of retirement planning

NVESTING IN mutual funds as part of retirement planning can be beneficial to an investor in the long term, says Marissa Williams, assistant vice-president of sales and client services at JN Fund Managers.

Williams explained that for persons to enjoy their

1003, 2023

Powell: Rate hikes could accelerate if economy stays strong

The United States Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Fed Chair Jerome