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October 12, 2010
Howard Knowles appointed General Manager at Family Guardian Insurance Agents Brokers
assau, Bahamas - Howard Knowles newly appointed General Manager, FG Insurance Agents & Brokers.
Patricia Hermanns, President of
FamGuard, has announced the appointment of Howard Knowles to the
position of General Manager, FG Insurance Agents & Brokers.
Mr.
Knowles is an Associate of the Chartered Insurance Institute (ACII) and
a Chartered Insurer. He has a wealth of exper...
October 13, 2010
Howard Knowles appointed General Manager at Family Guardian Insurance Agents Brokers
assau, Bahamas - Howard Knowles newly appointed General Manager, FG Insurance Agents & Brokers.
Patricia Hermanns, President of
FamGuard, has announced the appointment of Howard Knowles to the
position of General Manager, FG Insurance Agents & Brokers.
Mr.
Knowles is an Associate of the Chartered Insurance Institute (ACII) and
a Chartered Insurer. He has a wealth of exper...
October 27, 2010
Insurance agency gains 3,000 policies, 3.5m in premium
By NEIL HARTNELL
Tribune Business Editor
A leading Bahamian insurance agent yesterday said it would gain some 3,000 policyholders, paying collective gross premiums of $3.5 million per annum, as a result of absorbing the general insurance portfolio of another intermediary in which its ultimate parent acquired a majority interest in August 2010.
John Dunkley, managing director of Nassau Underwrit...
November 11, 2022
Low insurance penetration concerns resurface with Nicole
Concerns regarding the underinsured have resurfaced again with the threat of Tropical Storm Nicole this week, with Grand Bahama Chamber of Commerce President James Carey lamenting the low take up of insurance among small businesses on the island. Nicole strengthened to a Category 1 hurricane while over Grand Bahama on Wednesday, but did not cause any ...
The post Low insurance penetration con...
Gross insurance premiums just short of $1B in 2021
November 07, 2022
Gross insurance premiums just short of $1B in 2021
Gross premiums in the insurance industry in The Bahamas grew to $985.69 million in 2021, a more than $100 million increase over 2020's $844.5 million in gross premiums, the Insurance Commission of The Bahamas (ICB) revealed in its annual report for 2021. Additionally, general insurers underwrote gross premiums of $423.4 million and net premiums of ...
The post Gross insurance premiums just short o...
November 07, 2022
IMF laments low insurance penetration in hurricane-prone Caribbean
Deputy Managing Director of the International Monetary Fund (IMF) Bo Li, last week raised concerns about generally low insurance penetration in Caribbean nations that are among the highest at risk for climate disasters; while one industry expert urged the government to partner with the industry to address the longstanding issue. "The financial system's role in ...
The post IMF laments low insuranc...
November 01, 2022
New National Health Insurance Bill, 2022 laid in the House
The Minister of Health and Wellness the Hon. Dr.Michael Darville laid for the first time in the House on Wednesday, October 26, anew National Health Insurance (NHI) Bill, 2022, which aims to repeal and replace the existing 2016 legislation that proved instrumental in the initial launch of quality, affordable primary care coverage and services in 2017.
Officials seeking insurance after Met Dept audit
October 24, 2022
Officials seeking insurance after Met Dept audit
AFTER an auditor general's report revealed that expensive weather equipment has gone uninsured, officials are said to be narrowing down vendors to ensure there is sufficient coverage to protect against loss and damage.
UK offers $3.4m for water insurance
October 19, 2022
UK offers $3.4m for water insurance
BRITISH High Commissioner to The Bahamas Thomas Hartley yesterday announced the United Kingdom's contribution of $3.4m to the new Caribbean Water-Utilities Insurance Company.
BROKERS 'CUT OUT' OF HOMEOWNERS INSURANCE MARKET
December 12, 2011
BROKERS 'CUT OUT' OF HOMEOWNERS INSURANCE MARKET
By NEIL HARTNELL
Tribune Business Editor
THE outgoing Bahamas Insurance Brokers Association's (BIBA) president has again complained that ties between commercial banks and large brokers are "cutting everyone else out" of the homeowners insurance market, with such arrangements proving "unfair" to consumers.
Vaughn Culmer, head of Vaughn Culmer & Associates, whose term as BIBA head expires at year...
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