General Insurance

The IAJ is committed to its mission of supporting the growth and development of the insurance industry to the benefit of Jamaicans and the economy as a whole. We believe it is important to keep the public informed about the products and services that we offer and the value that they bring in securing important assets, lives and people’s well-being.

Performance of the Insurance Industry

2017 proved to be an encouraging year as the Insurance Industry saw signs of the recovery of the Jamaican economy. Gross premiums, on the General insurance side, were up by 9% over the previous year while on the Life insurance side, Gross Premiums for Individual Life were up by 7%. More importantly, we paid out $18 Billion dollars in Group Health Claims, $21 Billion dollars in Life Claims and $13 Billion dollars in General Insurance claims. Click to Read More

The IAJ is committed to its mission of supporting the growth and development of the insurance industry to the benefit of Jamaicans and the economy as a whole. We believe it is important to keep the public informed about the products and services that we offer and the value that they bring in securing important assets, lives and people’s well-being.

Performance of the Insurance Industry

2017 proved to be an encouraging year as the Insurance Industry saw signs of the recovery of the Jamaican economy. Gross premiums, on the General insurance side, were up by 9% over the previous year while on the Life insurance side, Gross Premiums for Individual Life were up by 7%. More importantly, we paid out $18 Billion dollars in Group Health Claims, $21 Billion dollars in Life Claims and $13 Billion dollars in General Insurance claims. Click to Read More