Search results for : life insurance companies
Work hard, but taste the fruit of your labors
April 19, 2012
Work hard, but taste the fruit of your labors
Industry position: Senior investment advisor, FamGuard Group of Companies
What attracted you to the sector? What motivates you?
I always liked the idea of being in charge of my finances. During my last year in high school I was given the work-study opportunity at International Portfolio Analytics (IPA), which truly whetted my appetite for the financial industry.
IT upgrade bolsters FAM's efficiency
February 22, 2012
IT upgrade bolsters FAM's efficiency
An under-valued book value and consistent dividend yield make Family Guardian Insurance Company Limited (FAM) a steady investment avenue in the Bahamian marketplace.
Minimal price movements have been the name of the game for the company.
While the major buy-in from Sagicor Capital Life Insurance Company Limited in 2005 has yet to make any major impact on the company, it's certainly something to ke...
CLICO enquiry reveals trail that led to collapse
November 08, 2011
CLICO enquiry reveals trail that led to collapse
The purpose of insurance is to mitigate against any loss. However, an ongoing Trinidadian Commission of Enquiry into the management of the collapsed Colonial Life Insurance Company (CLICO) has revealed that the group lost hundreds of millions of dollars in failed investments, and executives paid themselves hefty salaries to the detriment of policy holders and investors.
The fold-up of the insuranc...
Not healthy? Insurance may not be an option
September 22, 2010
Not healthy? Insurance may not be an option
Medical Insurers could soon begin issuing increasing permanent exclusions to individuals with pre-existing and contracted ailments, even as medical costs continue to "skyrocket", the president of the Bahamas Insurance Brokers Association (BIBA) has warned.
This was because the new Insurance Act has made underwriting requirements for health and life insurance companies much more stringent.
May 03, 2023
Grieving lawyer claims Family Guardian reduced mother's life insurance entitlement
A GRIEVING lawyer protested in front of the Family Guardian Financial Centre on East Bay Street yesterday, claiming the insurance company's policies denied him $7,000 from his dead mother's life insurance policy.
BAF celebrating 100 years
January 09, 2020
BAF celebrating 100 years
In the past 12 years, since it became fully Bahamian-owned, BAF Financial and Insurance has tripled its business to more than $1 billion in life insurance coverage under its hold, its Chief Financial Officer Julian Rolle said yesterday, as the company announced it is celebrating 100 years of providing insurance to The Bahamas...
Colina Receives "Excellent" rating from AM Best
November 28, 2019
Colina Receives "Excellent" rating from AM Best
Colina Insurance Limited’s Financial Strength Rating of A- (Excellent) and Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” have been affirmed by Global Credit Rating Agency, AM Best...
April 18, 2018
BAF could receive 5,000 CLICO life insurance policies by end of May
BAF Financial Group of Companies could receive 4,000 to 5,000 CLICO (Bahamas) life insurance policies, Guardian Business learned yesterday, but only after the liquidator has closed down all of the failed former insurer's medical insurance policies. BAF Managing Director Sandy Morley said yesterday that his [...]
Bahamas First hosts 5 Levels of Leadership Seminar
November 22, 2017
Bahamas First hosts 5 Levels of Leadership Seminar
Bahamas First General Insurance Company recently hosted a John Maxwell 5 Levels of Leadership workshop for their agents and supervisory and management team...
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