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)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

Claims Payout (2012-2013)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

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

3009, 2017

Disaster mitigation to get bigger allocation in 2017/18 budget

The Jamaican Government is to provide additional funds for disaster mitigation in the 2017/18 Supplementary Budget, which Finance Minister Audley Shaw says is slated to be tabled in the House of Representatives shortly.

This, he says, is necessary, as the initial

2909, 2017

Businesswomen take on nation building and the glass ceiling

From left) Okelia Parredon, executive investment advisor at Mayberry Investments Limited, poses questions to panellists Michelle Chong, CEO, Honey Bun; Jackie Stewart Lechler, director, Stewarts Automotive Group; and Audrey Hinchcliffe, CEO, Manpower & Maintenance Services, during the Mayberry Investor

2909, 2017

5,000 JOBS Musson breaks ground for US$30-M Tech Park

Stanley Motta Ltd, subsidiary of the Musson Group, is investing US$30 million in an integrated Tech Campus at 58 Half-Way-Tree Road in Kingston.

The location is being constructed to predominantly house business processing outsourcing (BPO) companies. Associated services of

2909, 2017

Downtown Kingston redevelopment on track — UDC

KINGSTON, Jamaica (JIS) — General Manager of the Urban Development Corporation (UDC), Dr Damian Graham, has reiterated the Government’s commitment to undertake the downtown Kingston Redevelopment Project.

He highlighted construction of new offices in downtown Kingston that will house the Ministry