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Bahamas first’s ‘Banner Year’ as profits up 548%
By NEIL HARTNELL From Tribune242 BAHAMAS First’s chief executive yesterday hailed 2017 as “a banner year” where profits increased almost seven-fold, adding: “Everything we needed to go in our favour did.” Patrick Ward told Tribune Business that the “buildings…
‘Global Disruption’ to impact Bahamas [& Cayman Islands] insurers
By NEIL HARTNELL From Tribune242 Bahamas First’s top executive has warned that local insurers are likely to face increasing competition from consumers acquiring coverage online, as the underwriter’s gross and net premiums declined 3 per cent in 2016. Patrick Ward…