By NEIL HARTNELL Tribune Business Editor A major insurance group with key Bahamian operations made no underwriting profit in 2009 because 87 per cent of every dollar earned was paid out to cover policyholder health claims, a senior executive revealing that for 2010 to-date it had supported 14 air medical evacuation cases and claims "reserved to exceed in excess of $1 million". Linda Gibson, president of Atlantic Medical Insurance, the Bahamian-based health insurance subsidiary of Colonial Group International, told the Rotary Club of East Nassau that Bahamians had to "face certain realities" and be "prepared to pay" for the medical services they wanted as costs rose gl ...

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