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News Article
March 10, 2015
Insurance industry to propose alternative to NHI

Even as the government seeks to give the impression of the inevitability of the implementation of National Health Insurance (NHI) by January 2016, Guardian Business understands that the insurance industry is still trying to come to terms with the decision to impose value-added tax (VAT) on medical insurance premiums and healthcare in The Bahamas, given the belief of many in that industry that VAT ...

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News Article
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.

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News Article
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,

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News Article
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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News Article
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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News Article
July 07, 2011
McCartney to continue as superintendent of insurance

Following a report in this newspaper that there was nobody at the helm of the Insurance Commission, Guardian Business has learned that Lennox McCartney will continue as superintendent until his replacement has been selected.

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News Article
March 13, 2024
FNM: SEARS 'MUST RESIGN OR BE FIRED' - Call for minister to step aside if he misled Parliament

FREE National Movement (FNM) leader Michael Pintard said National Insurance Board Minister Alfred Sears should resign or be fired if he misled Parliament about increases in NIB contribution rates.

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News Article
March 07, 2024
NIB Contribution To Increase Every Two Years Until 2044

NASSAU, BAHAMAS - July 1 will bring a 1.5% rate increase to National Insurance contributions, according to NIB and Immigration Minister Alfred Sears.

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News Article
January 18, 2024
Glover-Rolle assures workers will not be disenfranchised by NIB rise

LABOUR and Public Services Minister Pia Glover-Rolle said her ministry would ensure workers are not disenfranchised when National Insurance Board contributions increase later this year.

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News Article
June 19, 2016
SEVERE THUNDERSTORM WARNING - Sunday 12am-2.30am

INSURANCE MANAGEMENT: SEVERE THUNDERSTORM WARNING

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