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

1010, 2018

UPDATE: Hurricane Michael strengthens, Florida panhandle braces

Waves crash against a home seawall as the surge starts pushing the tide higher as Hurricane Michael approaches on October 9, 2018 in Eastpoint, Florida. The hurricane is forecast to hit the Florida Panhandle at a possible category 3

1010, 2018

IMF warns of ‘somewhat’ greater global financial risk

NEW YORK, United States (AFP) — Risks to the global financial system have risen somewhat in recent months as some emerging markets have struggled and trade war tensions have persisted, the International Monetary Fund (IMF) warned Tuesday.

The IMF, in its

1010, 2018

Jamaica Eye ramping up surveillance network – official

Criminals will come under increased surveillance when Jamaica Eye is fully implemented next year.

Jamaica Eye was launched in March and gradually the database and infrastructure continue to improve significantly, according to Arvel Grant, senior director of modernisation and strategic projects

1010, 2018

JAMAICA | Government Explores New Business Models for NWC

MONTEGO BAY, October 9, 2018 – Prime Minister Andrew Holness, says the Government is exploring new business models for the National Water Commission (NWC), in an effort to transform and improve the water sector’s performance.

Speaking at the opening