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News Article
June 05, 2011
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...

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News Article
November 06, 2018
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...

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News Article
When stop means stop
News Article
July 26, 2019
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.

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News Article
September 19, 2011
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...

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News Article
October 22, 2020
'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...

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News Article
April 08, 2020
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...

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News Article
April 06, 2020
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...

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News Article
March 23, 2020
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...

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News Article
June 19, 2019
New Policy on Renewal of E-Passports

The Ministry of Foreign Affairs wishes to announce its new policy on the Renewal of E-Passports...

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