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

1006, 2016

Natural disasters cost Jamaica $4b

Friday, June 03, 2016 | 7:14 PM

KINGSTON, Jamaica (JIS) – Disasters such as hurricanes, tropical storms and depressions, and floods over the last 15 years have cost the Government and people of Jamaica more than $4 billion.

Deputy Director General of

306, 2016

Caricel preparing to bring 4G LTE service to Jamaica

Thursday, June 02, 2016 | 7:37 PM

KINGSTON, Jamaica – Leading global provider of network infrastructure software solutions for communications, Alepo, has announced a partnership to support plans by new mobile spectrum company, Caricel, to bring 4G LTE service to Jamaica.

Alepo,

306, 2016

Realtors renew lobby against transfer tax, stamp duty

Published:Friday | June 3, 2016

The Realtors Association of Jamaica (RAJ) is already pressing for transfer tax and stamp duty to be rolled back as soon as bailout agreement with the International Monetary Fund (IMF) comes to an end next

306, 2016

Jamaica emerging from ‘twilight of uncertainty’ — Bullock

Friday, June 03, 2016

Deputy Director General of the Planning Institute of Jamaica (PIOJ), Colin Bullock, reckons that Jamaica could be moving away from its “twilight of uncertainty and unpredictable fluctuations”.

His reasoning was based on economic growth of roughly 0.9