Search results for : actuarial
Actuarial review of BTC pension plan underway
July 23, 2019
Actuarial review of BTC pension plan underway
An actuarial review of the Bahamas Telecommunications Company’s (BTC) pension plan is underway, Deputy Prime Minister Peter Turnquest said yesterday, adding that the government continues to determine the way forward on the multimillion-dollar liability...
May 22, 2019
Bahamian Actuarial Consultancy Offers a Captive Insurance Facility
Actuarial and risk consulting firm Nichol & Co has announced the opening of its subsidiary Nassau Captive Management Services Ltd (“Nassau Captives”) to expand on services offered to international (and local) clients...
November 27, 2017
Caribbean's premier actuarial conference to be held in Nassau, Bahamas
Organizers expect more than 170 actuaries and financial services professionals to attend the Caribbean Actuarial Association's 27th annual conference at the Atlantis resort on Paradise Island November 29 - December 1. This annual event brings together actuaries from around the Caribbean and beyond and gives [...]
The post Caribbean's premier actuarial conference to be held in Nassau, Bahamas appea...
November 25, 2015
Medical Association members call for NHI 'actuarial review'
Members of the Medical Association of The Bahamas (MAB) have called for an actuarial review of the entire proposed National Health Insurance (NHI) scheme before implementation begins in January 2016, echoing concerns raised by accounting stalwart PricewaterhouseCoopers (PwC) that "the cost of NHI, the funding of those costs, the utilization levels of the health system and the overall governance of...
NIB responds to Ninth Actuarial Review
October 07, 2013
NIB responds to Ninth Actuarial Review
In light of findings from the Ninth Actuarial Review of the National Insurance Fund (NIF), the director of the National Insurance Board (NIB) has sought to stress that the findings "are not a reflection of the position of the fund today"...
Cash: No need for separate NIB actuarial review
December 27, 2012
Cash: No need for separate NIB actuarial review
Free National Movement (FNM) Chairman Darron Cash said in a statement there is no need for an external actuarial review of the National Insurance Fund as has been suggested by Prime Minister Perry Christie.
PM Wants Actuarial Review In Addition To NIB Audit
December 19, 2012
PM Wants Actuarial Review In Addition To NIB Audit
Prime Minister Perry Christie said yesterday he wants an independent actuarial assessment of the National Insurance Fund.
The actuarial review would be separate from an audit the government recently ordered at NIB.
Rt. Hon. Hubert A. Ingraham On the Sale of BTC to Cable & Wireless Communications, Plc. (CWC)
February 08, 2011
Rt. Hon. Hubert A. Ingraham On the Sale of BTC to Cable & Wireless Communications, Plc. (CWC)
Communication by Rt. Hon. Hubert A. Ingraham On the Sale of 51% of Bahamas Telecommunications Company To Cable & Wireless Communications, Plc. (CWC)
Mr. Speaker,
At the conclusion of my communication I will table the following documents related to the privatization of The Bahamas Telecommunications Company (BTC) and the sale of 51% of the shares in BTC to Cable and Wireless Communications...
Whistling past the graveyard
June 29, 2022
Whistling past the graveyard
Nearly three months after Prime Minister Philip Davis acknowledged that the National Insurance Board (NIB) is at a "watershed moment", and declared that despite the recommendations in the latest actuarial review of NIB there will be no rate increase at this time to save the fund from depletion, he has yet to read the report. ...
Gibson: Increase NIB now or pay later
March 13, 2024
Gibson: Increase NIB now or pay later
NASSAU, BAHAMAS — Another former National Insurance Minister emphasized on Wednesday afternoon that the National Insurance increase should have been implemented long ago. Shane Gibson made these remarks on the sidelines of Pats Senior Citizen Home's feeding initiative, highlighting the significance of the program in aiding the elderly. He also claims that the increase must [...]
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