Search results for : captive
Captive insurance has hit a sweet spot
September 01, 2022
Captive insurance has hit a sweet spot
CEO of CG Captive Managers Guilden Gilbert said the captive insurance industry has reached a sweet spot in The Bahamas, given that capital in certain lines of business dried up. Captive insurance is an alternative to self-insurance in which a parent group (or groups) create a licensed insurance company to provide coverage for itself. Gilbert ...
The post Captive insurance has hit a sweet spot appe...
March 11, 2015
2015 International Conference of the Captive Insurance Companies Association
Representatives from the Bahamas Financial Services Board and the Insurance Commission of The Bahamas were at the 2015 International Conference of the Captive Insurance Companies Association (CICA)...
May 15, 2019
EARTHCARE participates in WORLDWIDE EVENTS TO END CAPTIVE WHALE AND DOLPHIN PROGRAMS
On May 11th 2019, Concerned citizens across the globe gathered for the 7th Annual Empty The Tanks Worldwide event. Thousands gathered in solidarity to bring awareness to the plight of captive whales and dolphins during this annual event, which spanned over 70 event locations across 25 countries.
EARTHCARE volunteers manned an information station in Freeport, Grand Bahama, to educate the public...
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...
June 27, 2017
Captive insurance industry not competitive enough, says Ward
CEO and President of Bahamas First Patrick Ward yesterday shot down the idea of the captive insurance industry being prosperous once again in The Bahamas.
The Bahamas has lost a lot of business in the captive insurance industry to Bermuda and the Cayman Islands. These two countries are now leaders in the industry.
Speaking at a press conference, Ward suggested that The Bahamas' product offering in...
October 14, 2016
Bowe proposes captive insurance instrument for relief fund
Commenting on the hurricane relief bond announced by the prime minister recently, CFO of Fidelity Bank (Bahamas) Limited Gowan Bowe said the government should look into a different kind of hurricane relief instrument going forward. He put forward the idea of a catastrophe insurance captive, which he said would allow the government to self-insure itself against catastrophes.
September 26, 2016
Another insurance professional becomes Associate of Captive Insurance designee
The International Center for Captive Insurance Education (ICCIE) has confirmed that yet another professional within The Bahamas' insurance sector has attained the Associate in Captive Insurance (ACI) designation, having successfully completed the comprehensive training program.
May 30, 2016
Bahamas has its first Associates in Captive Insurance (ACI) designee
In 2013, the Bahamas Financial Services Board (BFSB) and the Insurance Commission of The Bahamas partnered to provide full scholarships for the Associates in Captive Insurance (ACI) designation offered by the International Center for Captive Insurance Education (ICCIE).
Edwards touts captive insurance focus
May 25, 2016
Edwards touts captive insurance focus
Deputy Managing Director of Bank of The Bahamas (BOB) Hubert Edwards said the captive insurance industry is a presently underutilized growth area for The Bahamas' financial services sector.
January 28, 2015
Captives Development touted as a Core Factor in Financial Sector Development
BFSB CEO Aliya Allen points out that the experts ?drill into us that you can load the dice in favour of developing good strategies by focusing on the core building blocks that often get overlooked...?
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