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

2508, 2017

JMMB Bank is Jamaica’s newest bank

MMB Merchant Bank is now a licensed commercial bank operating as JMMB Bank (Jamaica) Ltd.

The group’s entry into the commercial banking sector became official on Monday, making it the eighth commercial bank operating on the island.

It also marks a significant

2508, 2017

Law coming for gated complexes to be controlled by Real Estate Board

Chief Executive Officer of the Real Estate Board/The Commission of Strata Corporations (REB/CSC) Sandra Watson Garrick, speaking at a recent JIS ‘Think Tank’. (Photo: JIS)

LEGISLATION is in the works for the Real Estate Board/Commission of Strata Corporations (REB/CSC)

2508, 2017

Guardian life awards top boy and girl scholarships

President of Guardian Life Limited, Eric Hosin (left), offers words of encouragement to recipients of Guardian Life Limited’s Grade Six Achievement Test (GSAT) Top Girl and Boy scholarships, Grace-Lee Bolt (second left) and Alex Gray (second right), during a

1908, 2017

Interest rates on bank loans still too high, says Wynter

Interest rates on bank loans still too high – Wynter

McPherse Thompson

Assistant Editor – Business

The Bank of Jamaica, BOJ, says that while interest rates on bank loans have been decreasing, they are still too high and this has affected businesses which