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35 percent revenue rise for insurance firm Colina

The Bahamas’ largest life and health insurer has posted a 35 percent increase in premium revenues for the past six months ending in June.

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Gov’t drove 59% of $523m reserve rise

The Government accounted for 59 percent of the 2022 first quarter’s $523m rise in The Bahamas’ foreign currency reserves, the Central Bank’s governor has revealed, although the banking sector subsequently took on the greater share.

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10% increase for social safety net

THE government will next month increase the rates of the Social Safety Net Benefits Assistance Programme by ten percent across the board, according to Social Services and Urban Development Minister Obie Wilchcombe.

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