Carla Rolle-Stubbs Joins the Global Insurance Industry’s Elite 4% With FCII Achievement.
The Road Traffic (Amendment) Act, 2024, which came into effect on 1 January 2025, introduces critical changes to existing road traffic laws aimed at stipulating vehicle insurance renewal timelines, setting limitations on policy cancellations, detailing the steps required for policy cancellation, and expanding the authority of law enforcement to impound vehicles.
Bahamas First, a leading general insurance provider in The Bahamas, successfully concluded its inaugural Sustainability Month in November, marked by a series of eco-friendly initiatives culminating in its annual “Green Friday” exercise on November 29…
Pursuant to Subsections 98(1) and (2) of the Securities Industry Act, the Directors of Bahamas First Holdings Limited (“BFH”) are required to make the following disclosure…
Nassau, The Bahamas. 17 November 2023: Today, Bahamas First Holdings Limited (“BFH” or the “Group”), announces the promotion of Richard A. Darville to CEO of Bahamas First General Insurance Company, the Group’s flagship insurer, effective 9 November 2023.
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Bahamas First General Insurance Company Limited (BFG) (Nassau, Bahamas) and Cayman First Insurance Company Limited (CFI) (Cayman Islands), the property/casualty (P/C) operating subsidiaries of Bahamas First Holdings Limited (Nassau, Bahamas) (BFH). The outlook of these Credit Ratings (ratings) is stable.
Patrick G. Ward, Group President & CEO of Bahamas First Holdings, has been elected President of the Insurance Association of the Caribbean (IAC) during the organization’s conference and Annual General Meeting held in Montego Bay, Jamaica. Mr. Ward is the third Bahamas based insurance executive in the organization’s 50-year history to hold this post.
The audited Consolidated Financial Statements of Bahamas First Holdings Ltd (BFH or “the Group”) for the year ended 31 December 2022 were filed and became public on 1 May 2023. The Financial Statements noted that BFH’s Cayman subsidiary, Cayman First Insurance Ltd (CFI), experienced delays in reporting to its regulator in Cayman due to the Group’s implementation of a new policy and claim processing system during the year, which affected its Health and Life division (H&L).
First Response is celebrating its 15th anniversary as the first on-site accident assistance programme in The Bahamas. Launched on 1 August 2007 by leading general insurance provider Bahamas First, the programme was designed to provide on-location assistance at the moment of a motor vehicle accident and support throughout the claim and repair process. The service is offered at no cost to drivers whose vehicles are insured through authorized agents of Bahamas First.
OLDWICK – 29 June 2022 – AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Bahamas First General Insurance Company Limited (BFG) (Nassau, Bahamas) and Cayman First Insurance Company Limited (CFI) (Cayman Islands), the property/casualty operating subsidiaries of Bahamas First Holdings Limited (Nassau, Bahamas) (BFH). The outlook of these Credit Ratings (ratings) is stable.
Bahamas First General Insurance Company is pleased to announce that Senior Underwriter Carla Rolle-Stubbs has been appointed as a Goodwill Ambassador by the Chartered Insurance Institute (“CII”), the UK-based professional body dedicated to building public trust in the insurance and financial planning profession.
Recent heavy rainfall and resultant flooding in New Providence has left many vehicles damaged, proving that it has never been more important to be protected. Our motor insurance policies can cover loss of or damage to your vehicle caused by flooding.
Veteran insurance executive Warren Rolle returns to The Bahamas to take on newly created position.
Anquin C. Cooper and Kevin O. Hudson have been appointed Group Analytics Manager and Vice President, Underwriting respectively.
On 7 December 2021, Bahamas First signed a Memorandum of Understanding with the University of The Bahamas to establish a four-year scholarship tenable at the University in the fields of Business, Information Technology, Eco-Tourism, Sustainability and Engineering.
