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

201, 2018

The cryptocurrency enigma

You would not be living on this planet if you haven’t heard about bitcoin. This is a digital currency used online as a method of payment which has been making headlines for quite a while now.

While bitcoin may

201, 2018

Another high-profile executive departs Sagicor

Amid rumours that the Playa hotel group has expressed interest in buying hotels owned by Sagicor Group Jamaica, informed sources said Friday that Rohan Miller had separated from the financial conglomerate.

Gleaner Business understands that while Miller, the CEO of Sagicor

101, 2018

No home insurance changes before August, says NHT

The National Housing Trust (NHT) says that while it is unable to say what increases may result from the current move by reinsurers to raise rates, current property insurance rates will hold until August 2018.

The NHT’s reassurance follows an advisory

3012, 2017

Jamaica tops Caribbean in Forbes Magazine global report on doing business

BRIDGETOWN, Barbados (CMC) – Jamaica is the highest ranked Caribbean Community country, while the French-speaking island of Haiti is ranked among the worst three countries in the world for doing business, according to the US-based Forbes Magazine .

In its