Bahamas Successful: MFSI Tells Insurance Conference

The Hon. Allyson Maynard-Gibson, Minister of Financial Services and Investments, presented remarks at the LOMA CARIBBEAN CONFERENCE being held June 27-29 at the Atlantis Resort, Paradise Island – under the theme: Expanding Your Horizons: Staying Ahead of the Competition. This annual conference, cosponsored with LIMRA, is focussing on industry management and marketing issues for the Caribbean region.

Addressing the insurance executives on the first day of sessions, the Minister pointed to the many reasons for The Bahamas’ success in Financial Services - since the 1960s - including:

• the commitment by successive administrations to a tax neutral platform;

• a commitment to personal privacy, coupled with a strong anti money laundering regime;