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

2909, 2017

Hotels opened in MoBay represent US$150-m investment

MONTEGO BAY, St James — Prime Minister Andrew Holness and a team from the Ministry of Tourism officially opened three hotels in Montego Bay between Sunday and Monday night.

The properties — which include Jewel Grande Montego Bay Resort and Spa,

2909, 2017

Five per cent is possible — Shaw

Minister of Finance Audley Shaw, has committed to waive 1.5 per cent of Government interest on loans from Development Bank of Jamaica (DBJ) in an effort to facilitate single-digit interest rates to entrepreneurs seeking finance.

Shaw, who was speaking at

2809, 2017

JPS and USAID host electric vehicle seminar

Electric vehicles have significant potential to lower transport costs for consumers and businesses, while lowering greenhouse gas emissions, improving local air quality and stimulating economic growth and sustainability. As such, the Jamaica Public Service (JPS) and the United

2609, 2017

OPM to respond to JET’s Cockpit Country petition within a month

THE Office of the Prime Minister (OPM) said yesterday that it will respond, within 30 days, to the issues raised in the “Save Cockpit Country” petition championed by the Jamaica Environment Trust (JET).

The Save Cockpit Country petition was launched by