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

1905, 2018

Sagicor Financial Corporation posts 44% increase in Q1 profit

Sagicor Financial Corporation Ltd posted an overall group net income of US$38.9 million for the quarter ending March 31, 2018, a 44 per cent increase over the same period last year, the company reported this week.

The solid Q1 performance

1905, 2018

Gov’t working on framework for disaster risk financing

JAMAICA has been working on establishing a policy framework for disaster risk financing, Minister without Portfolio in the Ministry of Finance and the Public Service Fayval Williams said on Tuesday.

Williams, who was making her first contribution to the sectoral debate

1905, 2018

NCB, minority owners to resolve Guardian dispute at negotiating table

NCB Financial Group and contesting parties will seek to resolve their impasse over the Jamaican bank’s takeover bid for Trinidadian insurance conglomerate Guardian Holdings Limited at the negotiating table.

They have asked for a suspension of the formal hearings into the

1905, 2018

Photo | Sagicor donates US$3,600 to build house

Andrew Mahfood, chairman of Food For the Poor Jamaica, receives a symbolic presentation of a ‘key to a home’ from Simone Walker, executive director, Sagicor Foundation and vice-president, group marketing, Sagicor Group Jamaica representing a US$3,600 donation from Sagicor Foundation