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70 cash holdingsset RoyalStar wellfor tougher Act
70 cash holdingsset RoyalStar wellfor tougher Act
With 70 per cent of balance sheet assets as cash holdings or term deposits, RoyalStar Assurance's managing director said the company is well-positioned to withstand the new Insurance Act's 'discounting' rules, while predicting that some rivals may be forced to "redraw" their balance sheets.
Steve Watson told Tribune Business that the Act, which is set to officially take effect from September 20...
Health levy hits wages Jan 2020
Health levy hits wages Jan 2020
THE proposed amendment to the National Health Insurance programme is expected to be enacted between April and July 2019, with employers making employee mandated contributions by January 2020, according to NHI Authority chairman Dr Robin Roberts...
When stop means stop
When stop means stop
This week the government announced new regulations for motorists would come into force in the first week of January.For drivers it will mean fines for using a cell phone behind the wheel, having open alcohol, no insurance or proper driving licence.
AS MOTHER AND SON DIE WITHIN 24 HOURS: 'No ifs, ands, buts or maybes about it. Absolutely get vaccinated. So many people have died in this past month', you absolutely must get vaccinated.''
A FAMILY is grieving after losing their mother and brother to COVID-19 just a day apart.
BAahamian Insurers see Rating Affirmed
BAahamian Insurers see Rating Affirmed
TWO BAHAMIAN subsidiaries of Bermuda-based Colonial Group International have seen their ratings reaffirmed by the top international insurance rating agency, A. M. Best & Company. It placed financial strength ratings of A- (Excellent) and issuer credit ratings of 'a-' on both Atlantic Medical Insurance (Bahamas) and Security & General Insurance Company (Bahamas), with the outlook for all ratings s...
'Cut jobless payments to 75 a week'
'Cut jobless payments to 75 a week'
THE Economic Recovery Committee has recommended a reduction to extended National Insurance Board unemployment benefit payments to $75 per week...
NIB Concludes Payment Arrangement with Several Companies to Expedite Unemployment Benefit (UEB) Payments
NIB Concludes Payment Arrangement with Several Companies to Expedite Unemployment Benefit (UEB) Payments
The National Insurance Board is pleased to advise that a number of the processes have been innovated to rapidly get Unemployment Benefit (UEB) payments to claimants, and is concluding, agreements...
More than 500k paid in unemployment assistance
More than 500k paid in unemployment assistance
National Insurance Board. FILEMore than half a million dollars in unemployment assistance was distributed on Friday to those self-employed persons in the tourism sector who now find themselves out of work due to the COVID-19 shutdown...
PUBLIC NOTICE: Apply Online for Social & Economic Assistance.
Tourism workers who have been placed on short workweeks should email requests for social assistance to the Ministry with a job letter, job identification, and national ID attached: socialservicesapp@bahamas.gov.bs...
New Policy on Renewal of E-Passports
New Policy on Renewal of E-Passports
The Ministry of Foreign Affairs wishes to announce its new policy on the Renewal of E-Passports...