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

311, 2017

New Road Traffic Act to be passed by year end — Henry

Transport and Mining Minister, Mike Henry (centre), converses with President of the Project Management Institute Jamaica Chapter (PMIJC), Arvette Henry (right), at a breakfast function hosted by the PMIJC at The Knutsford Court Hotel in New Kingston on November

311, 2017

IMF studies macroeconomic impact of natural disasters on countries

An aerial view showing destruction by Hurricane Maria in Roseau, Dominica, recently.

WASHINGTON, DC, USA (CMC) — The International Monetary Fund (IMF) says in addition to permanent damages to public and private capital, natural disasters cause temporary losses of

211, 2017

Douglas Bennett is dead

DOUGLAS Bennett, chairman of the Jamaica Musical Theatre Company (JMTC), died in the University Hospital of the West Indies in St Andrew on Monday morning. He was 88.

Playwright David Tulloch confirmed Bennett’s death to the Jamaica Observer. He describes the

211, 2017

Gov’t retains consultant for proposed National Health Insurance Plan

Information Minister Ruel Reid has indicated that the government has retained a consultant to look into the feasibility of establishing a National Health Insurance Plan.

Reid told a post-Cabinet press briefing today that Cabinet has approved a contract to Sanigest International