IAJ President Peter Levy, an-experienced insurance professional, who is also the Managing Director of British Caribbean Insurance Company(BCIC).
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IAJ Feature
Jamaicans Under Insured for PROPERTY INSURANCE
There has been continuous concern about the fact that Jamaicans are under insured where property insurance is concerned. In fact, IAJ figures show that only approximately 20 % of Jamaica’s Residential Properties are insured.
Mark Wignall on the Nationwide Radio programme ON TARGET recently did an interview with IAJ President Peter Levy, an-experienced insurance professional, who is also the Managing Director of British Caribbean Insurance Company(BCIC). Mark Wignall posed a number of relevant questions to the IAJ President. Click on Soundtrack and Listen.
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Florida lawmakers seek to calm property insurance storm
Florida lawmakers are trying to fix in three days a home insurance problem that’s been stormy for three decades, approving legislation designed more to keep private insurers in the state than to immediately save property owners money. A massive bill seeking a US$1-billion reinsurance fund, reduced litigation costs, and to
Property insurance crisis!
THE Insurance Association of Jamaica (IAJ) is advising that the property insurance market is in crisis and homeowners should expect to feel the effects in the coming months. Speaking at a press conference on Wednesday, IAJ Director Peter Levy said, "We currently are in crisis, but there's a way through
SUMMARY OF PERFORMANCE OF THE LIFE AND GENERAL INSURANCE SECTORS 2021
Summary of the performance of the LIFE and GENERAL insurance sectors in 2021`. Graphs of the performance are included in the 2022 IAJ Yearbook. CLICK ON LINK BELOW  SUMMARY OF INSURANCE INDUSTRRY 2021 2
IAJ YEARBOOK 2017
Reflections on INSURANCE in YEAR 2017
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 Download and Read More.
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IAJ Promotes Best Practices in
The Insurance Industry.
The IAJ provides avenues for addressing common concerns and encourage sound industry practices and ethical conduct of members while promoting the best interests of the insuring public.
IAJ is The Voice of The Insurance Industry.
The IAJ is committed to supporting the growth and development of the insurance industry to the benefit of Jamaicans and the economy as a whole by providing quality support services to members through:
