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

2605, 2016

More Jamaicans to access interest-free loans from NHT

Tuesday, May 24, 2016 | 6:54 PM

KINGSTON, Jamaica (JIS) — The Government has increased the income band for persons accessing zero per cent loans from the National Housing Trust (NHT) from $7,500 to $12,000 per week.

“This means that all workers

1905, 2016

General Accident targets homebuyers to replenish bottom line

Published:Wednesday | May 18, 2016

General Accident Insurance Company is going after 20-25 per cent of additional business from the homeowners insurance market, by targeting mortgagees who pay insurance on their home loans.

Through a new marketing campaign called Look.

1905, 2016

Increased tax threshold may mean more belt-tightening ahead — Byles

Wednesday, May 18, 2016

Richard Byles reckons that the country could face more belt tightening measures to support a $25-billion gap in budget come next March aided by the increase in income tax threshold.

Looking closer to home, Byles, Co-chair of the

1905, 2016

Caribbean urged to unite to address challenges

Wednesday, May 18, 2016 | 7:33 PM

ST JAMES, Jamaica (JIS) — General Manager of Jamaica National, Earl Jarrett, is advocating for Caribbean countries to unite to overcome economic stagnation and threats to their individual economies.

He noted that the Caribbean is