Search results for : insurance companies
BIA: Roberts' criticism nonsensical
November 30, 2015
BIA: Roberts' criticism nonsensical
Progressive Liberal Party (PLP) Chairman Bradley Roberts' assertion that the Bahamas Insurance Association (BIA) does not want the government involved in universal health insurance because it wants private insurers to form a "monopolistic cartel" is "nonsensical", BIA Chairman Emmanuel Komolafe said yesterday.
VAT on insurance
November 27, 2015
VAT on insurance
The Ministry of Finance takes strong exception to the report in today?s newspaper, which suggests that officials in the ministry and the VAT Department have reneged on the understanding of insurance policies renewed before July 1st, 2015 and how they are to be treated under VAT.
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.
Cercone not acting as govt spokesman, source says
August 21, 2015
Cercone not acting as govt spokesman, source says
A source close to the National Health Insurance (NHI) implementation process has sought to clear the air with respect to a slew of allegations made by the Bahamas Insurance Association (BIA) and the Bahamas Insurance Brokers Association (BIBA) about the role played by the government's technical advisor on the scheme and about how much - if any - real consultation has taken place as the scheme is d...
Insurers say 'CLICO solution' a back-door competitor
July 07, 2015
Insurers say 'CLICO solution' a back-door competitor
Behind closed doors, the government has reportedly proffered a solution to the CLICO debacle to policyholders and other stakeholders, but the information that has leaked about that solution has worried some in the private insurance industry, Guardian Business understands.
June 21, 2015
BIA suggests 'factions' within govt causing confusion on NHI
A top Bahamas Insurance Association (BIA) official has said there appears to be contradictory "factions" within the government's planning process that have left private insurers largely in the dark, and has called for "real consultations" between the government and representatives of the private insurance sector over the implementation of National Health Insurance (NHI).
Sanigest rep: Much work left to do on NHI
June 12, 2015
Sanigest rep: Much work left to do on NHI
The government's chief consultant on National Health Insurance (NHI) said yesterday there's still a lot of research and recommendations to be made with respect to the scheme, less than seven months before its proposed implementation.
Moss rips govt for mortgage relief failure
June 10, 2015
Moss rips govt for mortgage relief failure
Marco City MP Greg Moss, who shocked many with his abrupt resignation from the Progressive Liberal Party (PLP) at the end of his budget contribution on Monday, claimed yesterday to have authored the PLP messaging around mortgage relief and charged that the Christie administration cannot bring its already watered-down version of the program into effect because the Bahamas government owes too much m...
March 24, 2015
BIA spokesman: We do not support Sanigest recommendations
Family Guardian President Lyrone Burrows on Monday confirmed to Guardian Business that the Bahamas Insurance Association (BIA) intends to provide alternative options for universal health care and does not support the models recommended by Sanigest Internacional, the consultants hired to advise on National Health Insurance (NHI).
'Come clean on BAMSI'
March 10, 2015
'Come clean on BAMSI'
Montagu MP Richard Lightbourn yesterday challenged Deputy Prime Minister Philip Brave Davis to "come clean" and state categorically whether the male dorm at the Bahamas Agriculture and Marine Science Institute (BAMSI) that was destroyed by fire was insured.
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