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

2408, 2018

Sagicor angling for state pension fund business

With news of the planned privatisation of state-controlled pension fund assets creating quite a buzz in investment circles, the company that claims the top spot among fund managers is flexing its muscles as it angles for inclusion in the mix

2308, 2018

BoJ outlines factors influencing inflation rate shortfall

Finance and Public Service Minister, Dr. the Hon. Nigel Clarke, addressing journalists on the rate of inflation during Wednesday’s media briefing at the Ministry’s offices in Kingston. (Photo: JIS)

KINGSTON, Jamaica — Finance and Public Service Minister, Dr Nigel

2308, 2018

Local banks mark-up on forex sparks fresh anger

Data from the Bank of Jamaica’s foreign exchange trading summary has revealed that local commercial banks are applying up to 5.6 per cent mark-up on the trade of foreign currencies, causing fresh anger among members of the Jamaica Manufacturers and

2308, 2018

Earth Today| ‘Venezuela earthquake a warning to Jamaica’

TUESDAY’S 7.3-magnitude earthquake that rocked Venezuela and which was also felt in Trinidad, Grenada and Barbados is a wake-up call for Jamaica and the Caribbean.

“The earthquake is another reminder of the need for Caribbean states to develop resilience in order