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

2302, 2023

Growth & Jobs | Drone technology – a major innovation for the agricultural sector

The Agriculture and Fisheries Ministry is on a mission to revolutionise the sector through efficiency and sustainability and change the way Jamaicans view and approach farming.

Against this background, the ministry’s latest investment, through the Rural Agricultural Development Authority (RADA), includes

2302, 2023

Jamaican economy grew by 3.4% in December quarter

The Jamaican economy grew by 3.4 per cent in the October to December quarter of 2022 compared to the last quarter of 2021, according to preliminary estimates released today by the Planning Institute of Jamaica (PIOJ).

PIOJ director general Dr Wayne

2302, 2023

CIB grows coconut farming beyond eastern Jamaica

Shaun Cameron (second right, standing), general manager, Coconut Industry Board, addressing stakeholders at the Coconut Growers’ Association in August 2022. (Photo: Karl Mclarty)

FACED with the ever-present threat of the lethal yellowing and bud rot diseases which have

2102, 2023

Prenup as a financial plan

JAMAICANS are being urged to consider a prenuptial agreement as a financial safety net in light of climbing divorce rates.

In 2021 figures from the Court Administration Division revealed that 4,381 divorces were filed. That’s a