Environment is a 'Captive' market for the Bahamas

Mon, Sep 20th 2010, 11:00 PM

By CHESTER ROBARDS

Business Reporter

crobards@tribunemedia.net

THE BAHAMAS should focus development of its captive insurance industry on Environmental Captives, the president of Premier Environmental Services' Canadian operations said yesterday, as this country attempts to develop a niche for itself in this market.

David Wade, speaking at the Bahamas Financial Services Board's (BFSB) Captive Insurance Seminar, said this niche market, also know as The Green Captive, is not widely serviced by many of the larger captive domiciles and could be a good fit for the Bahamas.

According to him, a Bahamas-domiciled Green Captive market could produce benefits such as name recognition, a comp ...

Click here to read more at The Tribune

 Sponsored Ads