By NEIL HARTNELL

Tribune Business Editor

MORE than 25 per cent of all existing Bahamian insurance brokers and agents are unlikely to be licensed under the new Act governing the sector, the Insurance Commission told Tribune Business yesterday.

Arvind Baghel, the regulator's head of insurance supervision, confirmed to this newspaper that around 25 of the existing 85 insurance brokers and agents - some 29 per cent - were likely to "fall off" and not meet the Insurance Act's enhanced registration requirements. That means more than one in four existing brokers/agents will disappear.

That will leave around 60 remaining in the market, and of those, Mr Baghel said some 34 were ...

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