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

1405, 2018

Higher education important to Jamaica’s development — Reid

Minister of Education, Youth and Information, Senator Ruel Reid, speaking at the opening of the inaugural Higher Education Summit on Thursday, May 10 at the Jamaica Pegasus Hotel in New Kingston.

KINGSTON, Jamaica — With the view that higher

1105, 2018

Fiscal oversight

The Government will be entertaining several overseas experts on fiscal discipline next month as it consolidates efforts to establish a national fiscal council.

Minister of Finance and the Public Service Dr Nigel Clarke made the announcement yesterday morning at the

1105, 2018

Are higher global oil prices likely?

Russian President Vladimir Putin (right) shakes hands with Saudi Arabia’s Defense Minister Prince Mohammed Bin Salman.

The world economy consumes approximately 97 million barrels per day (mbpd) of various types of crude oil. The Organization of the Petroleum

1105, 2018

More than enough money in Jamaica — it’s access to capital that’s the problem

The Development Bank of Jamaica (DBJ) has been on a drive to get entrepreneurs to access its services as part of its mandate to help grow the economy. As part of this thrust, it has been setting up lending facilities