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

506, 2018

Sagicor, Playa transaction complete

Sagicor Group Jamaica yesterday announced that its $39- billion assets combination transaction with Playa Hotels & Resorts NV is now complete, and will result in the the properties being run under the agreement benefiting from an expanded presence in

406, 2018

Satellite phones to assist Tourism Ministry in disaster preparedness

KINGSTON, Jamaica — The Ministry of Tourism is slated to hand over six satellite phones to destination assurance managers in furtherance of its disaster preparedness initiatives tomorrow.

The ministry, in a release today, said that since 2006 it has been

3005, 2018

Gov’t developing crop-loss and farm insurance programme

Minister without Portfolio in the Ministry of Industry, Commerce, Agriculture and Fisheries, JC Hutchinson, makes a point during his contribution to the 2018/19 Sectoral debate in the House of Representatives on May 29. In the background is Member of

3005, 2018

Gov’t to establish policy framework for disaster risk management

Minister without Portfolio in the Ministry of Finance and the Public Service Fayval Williams says the Government is to establish a policy framework for disaster risk management.

According to Williams, the analytical work is moving apace.

She was speaking at this morning’s