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

202, 2018

Early retirees risk making bad financial decisions

At a recently held social dinner, it was revealed that many civil servants plan to take the Government’s early retirement package plan to use that lump sum to become debt-free. However, when asked how they plan to replace their income

202, 2018

Jamaica is the leader of the Caribbean — Gregory Fisher

Jamaica’s “bond king”, Gregory Fisher, in his opening speech at the 12th Jamaican Stock Exchange Conference, quoted approvingly Sandals CEO Adam Stewart.

“In 45 years, we have not seen the confluence of events that’s taking place right now – inflation

202, 2018

http://www.jamaicaobserver.com/news/statin-says-unemployment-at-its-lowest-in-a-decade_124101

STEFANO Manservisi, director-general for International Cooperation and Development in the European Commission, based in Brussels, is leading a high-level European Union team to Jamaica, starting today.

Foreign Minister Senator Kamina Johnson Smith, in a release yesterday, said Manservisi will lead the

202, 2018

STATIN says unemployment at its lowest in a decade

THE Statistical Institute of Jamaica (STATIN), in a release yesterday, said that the declining unemployment rate is at 10.4 per cent, the lowest it has been since October 2008.

STATIN, the Government’s statistics agency, said that the youth unemployment rate of