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PROPERTY

HEALTH & LIFE

RETIREMENT

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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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Latest News

Jamaica targets four hurricane season catastrophe bond renewal: Finance Minister

By |May 9th, 2024|Categories: Press Releases|

Jamaica is looking to renew its catastrophe bond cover that expired at the end of 2023 and the country’s Finance Minister Nigel Clarke said yesterday that a longer-term of protection will be sought with a new cat bond deal, with four hurricane seasons of cover to be the target.

Zero appetite to weaken terms & conditions, reduce attachments: Munich Re CFO

By |May 9th, 2024|Categories: Press Releases|

There is zero appetite at reinsurance giant Munich Re to budge on attachment points or weaken any terms and conditions, the firm’s CFO Christoph Jurecka explained today. As we reported this morning, Munich Re had a very strong first-quarter to 2024 and said that April reinsurance renewals were positive

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:

Stay Informed, Join the Conversation

IAJ stands ready to engage everyone promoting insurance literacy among the Jamaican consumers through our various platforms including but not limited to our Website, Social Media, Email and Events.

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