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Insurance regulator concerned over underinsurance risk as reinsurance rates rise
NASSAU, BAHAMAS — The insurance industry regulator has expressed concern that the risk of underinsurance in this jurisdiction will increase, and access to insurance likely diminish as many reinsurers have not only raised their rates but reduced the amount of capacity offered to this region. Michelle Fields, the Insurance Commission's Superintendent of Insurance while addressing [...]
Minister Sears meets with GB Immigration and National Insurance staff
Minister of Immigration and National Insurance, the Hon. Alfred Sears met with members of both agencies while in Grand Bahama on Friday, October 27.
National Health Insurance Authority Making Steady Progress Towards Universal Health Coverage
National Health Insurance Authority Making Steady Progress Towards Universal Health Coverage
The Ministry's attention has been drawn to social media posts and online publications being circulated that have sought to discredit and defame the work of the National Health Insurance Authority (NHIA) and its leadership. The content shared is inaccurate and viewed as an ineffective attempt to distract from our dedicated efforts to improve healthcare services throughout The Bahamas.
How To Close The Insurance Gap
How To Close The Insurance Gap
NASSAU, BAHAMAS - Is your home insured? The Insurance Association of The Caribbean is hoping to make insurance more accessible with something called micro-insurance.
Insurance Wants Seat At Climate Change Talks
Insurance Wants Seat At Climate Change Talks
NASSAU, BAHAMAS - Insurance companies from around the country met to talk about climate change, and how insurance may be a tool.
Why Life Insurance Matters in The Bahamas
Why Life Insurance Matters in The Bahamas
Co-written By: Tamara Desmangles, Life Manager, CG Atlantic Medical & Life & Jonathan Robinson, Sales Manager, Coralisle Group Ltd. (PAID ADVERTORIAL)
Sunshine Insurance Presents: The Pink Run 5K
Sunshine Insurance Presents: The Pink Run 5K
NASSAU, BAHAMAS - Sunshine Insurance, the driving force behind Marathon Bahamas, is thrilled to unveil a new chapter in their commitment to health, community, and support.
McCartney stepping down from Insurance Commission
McCartney stepping down from Insurance Commission
After nearly three years with the Insurance Commission of The Bahamas as its superintendent, Lennox McCartney is stepping down on March 31.
McCartney told Guardian Business that his decision to resign was based on his desire to “pursue other ventures,” and is confident that the commission will continue to move in the right direction.
“The commission has a good team in place and t...
Cultural attitudes toward insurance
Cultural attitudes toward insurance
In the last edition of "Risky Business", we talked about the perception of risk by individuals and how it doesn't always reflect the reality of a risk. One of the major influences on the perception of risk is the culture around it.
Govt seeks contributory insurance for agriculture and fisheries sector
The Ministry of Agriculture and Marine Resources is seeking buy-in from local farmers and fishers to establish contributory insurance for the sector, its minister said yesterday.