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

1910, 2018

GLOBAL COMPETITIVENESS INDEX

Jamaica slid one spot in the ranking on the Global Competitiveness Index to 79 among 140 nations, despite an improvement in its score.

The United States topped the list for the first time in years, followed by Singapore, Germany, Switzerland and

1910, 2018

Actuaries Receive SOA’s Presidential Award

The CAA is happy to inform you that two of our members have been recognised for outstanding service to the Society of Actuaries at their recently concluded Annual Meeting in Nashville.

Cathy Lyn, FIA, FSA, our Past President and

1810, 2018

Jamaica poised for another excellent cruise ship year

MONTEGO BAY, St James — Tourism Minister Edmund Bartlett says 2018 is poised to be another excellent year for Jamaica’s cruise ship sector, with vessels from the world’s largest cruise companies expected to call at the island’s main ports.

Carnival, Royal

1810, 2018

Earth Today | Higher temperatures lower climate resilience of small islands

THE WARMER the planet, the more unlikely it is for in particular small island states, such as those of the Caribbean, to effectively adapt to a changing climate.

“Adaptation is expected to be more challenging for ecosystems, food and health systems