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

2211, 2017

Think yourself out of debt

TERRY… the scarcity mindset is the belief that there will never be enough

For every dollar the average Jamaican earns, more than half goes to debt, according to a report by the Bank of Jamaica in 2016.

Now the year

2211, 2017

How the IMF can help Jamaica unleash growth (Part 2)

Minister of Finance Audley Shaw greets IMF Managing Director Christine Lagarde as Prime Minister Andrew Holness looks on, last week. (Naphtali Junior)

Former Minister Ronald Thwaites, in a Monday article in another newspaper, used the line, picked up

2211, 2017

PIOJ says agriculture to help drive growth

PIOJ) Director General, Dr Wayne Henry (right), addresses journalists during the PIOJ’s recent quarterly media briefing at the agency’s head office in New Kingston. At left is the PIOJ’s Director for the Economic Planning, Research and Policy Logistics Division,

2111, 2017

JAIFA’s new president is Sagicor’s Monica Robotham

The 65th president of the Jamaica Association of Insurance and Financial Advisors (JAIFA), one of the oldest membership organisations in Jamaica, is chartered life underwriter Monica Robotham, who won the support of her peers at their recent annual general meeting.