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

2910, 2018

China leads the way as world’s billionaires get even richer

ZURICH, Switzerland (AFP) — China produced around two new billionaires a week last year as the fortunes of the world’s ultra-rich soared by a record amount, a report said Friday.

Billionaires’ wealth enjoyed its “greatest-ever” increase in 2017, rising 19 per

2910, 2018

Jamaican US Diaspora to hold major leadership summit Nov

New York, USA — Representatives of the Jamaica Diaspora Advisory Board in the United States have scheduled a leadership summit for November 16 to 18, 2018, in an effort to formulate a cohesive development plan for the grouping here.

It

2910, 2018

Oran Hall | Using property to get a loan

QUESTION:

How can I use my land title as an investment tool or to get a loan?

– Ackeem

FINANCIAL ADVISER:

A loan against property belongs to the secured-loan category where the borrower gives a guarantee by using his property as security. This is

2910, 2018

Bessa development to cost US$22m

The KLE Group, developers of the Bessa villas in partnership with Sagicor Group Jamaica, says in a new update on the project that the St Mary development will cost US$22 million.

The developers are already taking reservations for units, which should