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

1610, 2018

Get used to a flexible exchange rate

CANADA-based Chief Investment Strategist, Myles Zyblock, reckons that Jamaican companies should get more in tune with hedging programmes to mitigate unexpected movements in the local currency in accordance with first-world countries.

His remark, which came days before the Jamaica Chamber of

1610, 2018

Shaw urges farmers to utilise new irrigation technology

Minister of Industry, Commerce, Agriculture and Fisheries Audley Shaw has called on farmers to utilise new irrigation technology to improve crop quality and increase production.

Shaw said of the close to 200,000 acres of irrigable lands in Jamaica, about 12 to

1610, 2018

Yaneek Page | What a small business should consider before hiking prices

QUESTION: Yaneek, I enjoy your articles and learn so much from you. I have a small salon and my prices stay the same since I opened in 2016, but the cost of living is going up every day now. All

1610, 2018

Growth & Jobs | Miller encourages financial education in schools

Several experts in the financial, education and employment sectors agree that exposing young people to basic financial concepts at an early age in a classroom setting will assist them to make better ‘financial decisions as adults.

“This can only work out