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September 10, 2015
Too early to tell if VAT on insurance dampening industry
An insurance sector professional yesterday stated that while it is too early to tell whether the introduction of value-added tax (VAT) on insurance premiums has driven persons to drop their insurance coverage, a three percent premium tax in place long before VAT was "fait accompli" and is not going away anytime soon.
August 20, 2015
Insurance association: Govt consultation claims 'disingenuous'
The Bahamas Insurance Association (BIA) has - for the second time in only a handful of days - lashed out at the government's handling of the preparation for implementing a universal health coverage system.
March 15, 2015
Insurance industry concerned about VAT implementation, Osborne says
While there do not appear to have been many hiccups in the implementation of value-added tax (VAT), the president of the Bahamas Institute of Chartered Accountants has acknowledged that there remains confusion in the insurance industry.
March 15, 2015
Increasing anxiety in insurance industry, executive says
It seems there is "increasing anxiety" in the insurance industry as July 1 approaches and there has been no followup from meetings with a tax consultant hired by the government to address implementation issues and draft a unique value-added tax (VAT) guidance for the insurance industry, Guardian Business has learned.
The need for universal health insurance
March 11, 2015
The need for universal health insurance
"In 2010, there were 723 deaths in categories deemed avoidable in The Bahamas."
March 05, 2015
Minnis acknowledges those with insurance more likely to live
Opposition Leader Dr. Hubert Minnis said yesterday the high mortality rate on the public wards of Princess Margaret Hospital (PMH) has to do with patients lacking health insurance and proper health education.
October 10, 2012
Report: Majority Of Bahamians Have No Health Insurance
More than half of the Bahamian population has no form of health insurance, backing up what many have speculated since the National Health Insurance debate began several years ago, recently published data from the latest census has revealed.
February 04, 2012
PLP: FNM Delayed Implementing of National Health Insurance
The Progressive Liberal Party expresses disbelief and amazement that five years after the Free National Movement government voted in favour of the Progressive Liberal Party's National Health Insurance scheme,
Leaders discuss future of insurance sector
January 19, 2012
Leaders discuss future of insurance sector
Strengthening The Bahamas' insurance sector is a key ingredient to improving financial services in the country.
This is what led The Bahamas Financial Services Board (BFSB), the Insurance Commission of the Bahamas (ICB) and Ernst & Young to host a breakfast briefing recently to update key stakeholders on developments in the insurance sector at the British Colonial Hilton.
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Insurance Firms to See Huge Claims
August 29, 2011
Insurance Firms to See Huge Claims
Insurers in the Caribbean could face as much as $1.1 billion in claims, according to an international catastrophe risk management company, and The Bahamas will account for nearly 60 percent of those losses.
The Boston-based company, AIR Worldwide, said between $300 million and $700 million in insured losses have been estimated for The Bahamas, while the Caribbean region is estimated to be between...
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