News Jamaica Insurance: Insurance payout cushions CPJ after Melissa shock
A sharp surge in insurance income reshaped Caribbean Producers Jamaica’s (CPJ) December quarter, cushioning the financial impact of Hurricane Melissa, which had disrupted operations and demand across ...
News Jamaica Insurance: Jamaica plans to renew CCRIF parametric coverage in 2026, but no mention of cat bond
The Government of Jamaica has announced its intention to renew its Caribbean Catastrophe Risk Insurance Facility (CCRIF-SPC) parametric risk transfer ...
News Jamaica Insurance: BCMG introduces parametric insurance to deliver faster relief and lower costs
KINGSTON, Jamaica— As Jamaica continues to feel the effects of increasingly severe weather events, BCMG Insurance Brokers has launched a new parametric insurance product designed to close a long-standing gap in the local insurance market. According to BCMG in a media release on Friday, the offering provides policyholders with faster access to funds following disasters, while also helping to reduce overall insurance costs. William Craig, chief executive officer of BCMG...
News Jamaica Insurance: Councilors will need to submit license to park at Boston City Hall after Lara's crash
registration and insurance requirements for workers parking at city hall; days earlier, Councilor Kendra Lara was found to be driving an unregistered, uninsured vehicle with a revoked license when she ...
News Jamaica Insurance: Strong performance for Key Insurance
DOUBLE- digit growth for Key Insurance in 2022 shines a positive light on GraceKennedy's acquisition. In its normalised financial statements for 2022, gross written premiums increased...
News Jamaica Insurance: Paternity insurance coming
MONTEGO BAY, St James - Starting next month, fathers or fathers-to-be whose partners do not have insurance will be able to benefit from paternity insurance coverage under a new collaboration betwe...
News Jamaica Insurance: Central Florida deputy stuck in Jamaica after testing positive for COVID-19
A local deputy checked in to the Southcoast Sandals Resort for his honeymoon but got stuck when he tested positive for COVID-19.
News Jamaica Insurance: Belize to implement health insurance for all visitors as country deals with COVID surge
Belize is implementing new travel insurance for all visitors entering the country even as it acknowledged that it cannot afford another lockdown amid the record increase in cases of the coronavirus ...
News Jamaica Insurance: Life, motor insurance claims jump
Insurance Association of Jamaica (IAJ) is reporting a significant increase in claims on life insurance policies for the first nine months of 2021, when compared to the corresponding periods in 2020.
