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

2409, 2018

Sandals cops 11 World Travel Awards

ST JAMES, Jamaica — Sandals Resorts International won 11 awards at the 25th Annual World Travel Awards held in Montego Bay, St James last night.

According to Deputy Chairman of Sandals Resorts International Adam Stewart, this makes the group “the most

2409, 2018

Oran Hall | Of what value is diversification?

Diversification is a risk-management technique by which a wide variety of investments is included in an investment portfolio. The best results from diversification are derived from a portfolio in which the assets do not lose value at the same time

2409, 2018

Clarke urges deeper, better communication from BOJ

Finance and the Public Service Minister Dr Nigel Clarke has urged the Bank of Jamaica (BOJ) to increase its communication channels, including utilising social media such as Twitter to counter misinformation.

Clarke’s advice was made in the context of the government’s

2109, 2018

of 1.4 per cent, pledges more financial assistance to Jamaica

KINGSTON, Jamaica (CMC) — A delegation from the International Monetary Fund (IMF) Friday ended a two-week visit here saying that Jamaica could receive US$226 million if the executive board of the Washington-based financial institution approves a preliminary agreement that has