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

810, 2018

Tropical depression in C’bean could become hurricane by midweek

KINGSTON, Jamaica — A tropical depression in the Caribbean Sea is expected to become a tropical storm later today and strengthen over the next several days.

The Meteorological (Met) Service of Jamaica says the tropical depression could strengthen to a

510, 2018

Clinton urges Caribbean to rejuvenate tourism sector

Former US President Bill Clinton speaks on the last day of the international aids conference AIDS2018 in Amsterdam on July 27, 2018. (Photo: AFP)

NASSAU, Bahamas (CMC) — The former United States President, Bill Clinton, Wednesday urged the Caribbean

510, 2018

Jamaican economy moving in right direction — IDB

MONTEGO BAY — The Inter-America Development Bank (IDB) Country Economist for Jamaica Henry Mooney says the country’s macroeconomic indicators are moving in the right direction and, as such, the operating conditions for the private sector is right.

“There has never been

510, 2018

Hot trend in real estate – Short-term rentals pushing up prices

The rise of the short-term rental market facilitated by online sites, led by Airbnb, has increased housing prices in key areas, according to real estate experts.

“Right now, the going is hot,” said Howard Johnson Jr, president of the Realtors Association