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

2201, 2018

Provisional data show record tourist arrivals of 4.3 million

THE Jamaica Tourist Board (JTB) says provisional data have shown that a record 4.3 million tourists visited Jamaica in 2017.

Tourism Minister Edmund Bartlett said the the figures represent a 21.1 per cent increase over arrivals in 2016.

“We broke the four

2201, 2018

Tsunami would not have resulted in major damage in Jamaica – Lyew Ayee

Head of the Mona GeoInformatics Institute Dr Parris Lyew Ayee says if Jamaica had experienced a tsunami following a major earthquake in the Caribbean Sea on Tuesday evening, the damage would have been minor.

However, he has warned against complacency and is

2201, 2018

Company registrations continue to grow

Jamaica has again surpassed the 10,000 mark for business and company registrations, closing at 11,988 for the year 2017, according to data provided by the Companies Office of Jamaica (COJ).

Last year’s registration for enterprises (companies and businesses combined)

2201, 2018

2017 the costliest year in US history for natural disasters

FLORIDA, United States (AFP) — Last year was the most expensive in the United States’ history for natural disasters, with a barrage of fires, freezes, floods and hurricanes that cost US$306 billion, according to a US government report yesterday.

In 2017,