In the past 12 years, since it became fully Bahamian-owned, BAF Financial and Insurance has tripled its business to more than $1 billion in life insurance coverage under its hold, its Chief Financial Officer Julian Rolle said yesterday, as the company announced it is celebrating 100 years of providing insurance to The Bahamas. “BAF provides insurance coverage to more than 100,000 individuals. This means hundreds of thousands of other individuals depend on BAF to secure their lives, dreams and assets by providing the very best to our members,” he said at a press conference at BAF’s headquarters on Independence Drive yesterday. “In the past 12 years, BAF has tripled its business and today, our company has more than $1 billion in life insurance coverage in force. BAF manages approximately $250 million in pensions and investments and our company is reinsured by internationally recognized AA-rated reinsurers Swiss Re Group and Munich Re Group.”

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