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

2702, 2017

Economic Growth Council needs to focus more on agriculture — Pandohie

Richard Pandohie reckons that the eight initiatives under the Economic Growth Council’s 5 in 4 plan are lacking focus on Jamaica’s agricultural sector.

The chief executive officer of Seprod Ltd who recently announced plans to partner with the Government, private

2702, 2017

GKGI expands to Guyana, Trinidad

GraceKennedy

General Insurance Company Limited (GKGI) will later this year roll out operations in Guyana and Trinidad and Tobago.

After cementing insurance operations in Antigua, St Vincent, Dominica, St Lucia, and Turks & Caicos, GK’s Group CEO Don Wehby told

2702, 2017

J’cans encouraged to pay close attention to their diet

KINGSTON, Jamaica (JIS) — Acting Director of the Caribbean Institute for Health Research at the University of the West Indies Professor Marvin Reid, is reiterating the need for persons to pay close attention to the relationship between nutrition and cancer.

2402, 2017

Jamaica’s poverty rate declines

The Planning Institute of Jamaica (PIOJ) says there has been a decline in the country’s poverty rate.

Dr. Wayne Henry, Director General of the PIOJ, on Wednesday released data showing that in 2014, the poverty rate fell by 4.6