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News Article
March 15, 2015
Increasing anxiety in insurance industry, executive says

It seems there is "increasing anxiety" in the insurance industry as July 1 approaches and there has been no followup from meetings with a tax consultant hired by the government to address implementation issues and draft a unique value-added tax (VAT) guidance for the insurance industry, Guardian Business has learned.

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News Article
March 11, 2015
The need for universal health insurance

"In 2010, there were 723 deaths in categories deemed avoidable in The Bahamas."

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News Article
March 05, 2015
Minnis acknowledges those with insurance more likely to live

Opposition Leader Dr. Hubert Minnis said yesterday the high mortality rate on the public wards of Princess Margaret Hospital (PMH) has to do with patients lacking health insurance and proper health education.

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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
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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