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Bahamian insurer ‘bolstered’ after hurricane losses

* Security and General in Q4 capital injection * Performance ‘marginal’, ‘below average’ * Rival Summit also gets top ratings

A MAJOR Bahamian insurer has seen its balance sheet “bolstered” by its parent as a result of recent hurricane-related losses. A. M. Best, the insurance rating agency, said Security and General Insurance Company had received a fourth quarter capital injection from its Bermuda-based owner following recent storm payouts. The rating agency, which reaffirmed the Bahamian property and casualty insurer’s creditworthiness, provided few details and its top executive, Marlon Graham, did not return Tribune Business’s voice mail message yesterday seeking comment.

ENJOYMENT REMAINS PASSPORT TO SUCCESS

By Simon Cooper Res Socius Choose to do what you enjoy. This is a strange notion, although I often get round to discussing it with clients. In fact, it might surprise you to know how many square-pegs in round-holes there are out there in Nassau. I'm talk

UNION MUST CHICKEN OUT OVER KFC WAGES

By Simon Cooper Res Socius I'm sure that many of us remember the song, My Old Kentucky Home, with some affection. In case you don't, it begins with the words: "The sun shines so bright in my old Kentucky home. 'Tis summer, the people are gay ..." Now while

UNION MUST CHICKEN OUT OVER KFC WAGES

By Simon Cooper Res Socius I'm sure that many of us remember the song, My Old Kentucky Home, with some affection. In case you don't, it begins with the words: "The sun shines so bright in my old Kentucky home. 'Tis summer, the people are gay ..." Now while

UNION MUST CHICKEN OUT OVER KFC WAGES

By Simon Cooper Res Socius I'm sure that many of us remember the song, My Old Kentucky Home, with some affection. In case you don't, it begins with the words: "The sun shines so bright in my old Kentucky home. 'Tis summer, the people are gay ..." Now while

UNION MUST CHICKEN OUT OVER KFC WAGES

By Simon Cooper Res Socius I'm sure that many of us remember the song, My Old Kentucky Home, with some affection. In case you don't, it begins with the words: "The sun shines so bright in my old Kentucky home. 'Tis summer, the people are gay ..." Now while

BABY BOOMERS LANDING ON ENTREPRENEURIAL FEET

By Simon Cooper Res Socius Although I'm not near retiring by a long shot, I was encouraged by an article I read in USA Today. The piece analysed the demographic spread of start-up entrepreneurs in the US, and came up with conclusions that few expected. T

BABY BOOMERS LANDING ON ENTREPRENEURIAL FEET

By Simon Cooper Res Socius Although I'm not near retiring by a long shot, I was encouraged by an article I read in USA Today. The piece analysed the demographic spread of start-up entrepreneurs in the US, and came up with conclusions that few expected. T

BABY BOOMERS LANDING ON ENTREPRENEURIAL FEET

By Simon Cooper Res Socius Although I'm not near retiring by a long shot, I was encouraged by an article I read in USA Today. The piece analysed the demographic spread of start-up entrepreneurs in the US, and came up with conclusions that few expected. T

BABY BOOMERS LANDING ON ENTREPRENEURIAL FEET

By Simon Cooper Res Socius Although I'm not near retiring by a long shot, I was encouraged by an article I read in USA Today. The piece analysed the demographic spread of start-up entrepreneurs in the US, and came up with conclusions that few expected. T

BABY BOOMERS LANDING ON ENTREPRENEURIAL FEET

By Simon Cooper Res Socius Although I'm not near retiring by a long shot, I was encouraged by an article I read in USA Today. The piece analysed the demographic spread of start-up entrepreneurs in the US, and came up with conclusions that few expected. T

PUTTING BEST FACE FORWARD

By Deidre M. Bastian Do you find yourself staring at another designer's logo and immediately trying to decipher what typeface or font they used? If you are a designer, it is probably an inevitable habit. However, there are no hard and fast rules to help

PUTTING BEST FACE FORWARD

By Deidre M. Bastian Do you find yourself staring at another designer's logo and immediately trying to decipher what typeface or font they used? If you are a designer, it is probably an inevitable habit. However, there are no hard and fast rules to help

PUTTING BEST FACE FORWARD

By Deidre M. Bastian Do you find yourself staring at another designer's logo and immediately trying to decipher what typeface or font they used? If you are a designer, it is probably an inevitable habit. However, there are no hard and fast rules to help

RESORT PROJECT'S 'RISE FROM ASHES' VIA $20M SPEND

By NEIL HARTNELL Tribune Business Editor An Eleuthera resort project many thought 'dead and buried' may be about to rise from the ashes, its developer yesterday telling Tribune Business that the revised development would involve an investment "in excess

HOW A BUSINESS BROKER OPERATES

By Simon Cooper Res Socius People often stop me in the street these days to ask me exactly what a business broker does. I'm always happy to oblige, because some turn out to be sellers and others, buyers. Like any job, I guess the secret's in the skills -

'FOLLOW THROUGH' CRITICAL TO SUCCESS

By Simon Cooper Res Socius The New Year is upon us once again, and resolutions are flowing like champagne. Wise entrepreneurs around the world are doing something similar. Why is that? The answer is as simple as saying: "Innovate or bye-bye." Perhaps you

Ansbacher in $2myacht lien battle

Ansbacher (Bahamas) is seeking to recover more than $2 million owed by a delinquent borrower by foreclosing on, and selling, his multi-million dollar yacht.

Robin Hood chief still eyeing $5-$8m eastern build-out

By NEIL HARTNELL Tribune Business Editor Robin Hood's president is eyeing a career move into real estate development via a further $5.5-$8 million build-out of the former retailer's Prince Charles Drive site, telling Tribune Business he had "five interes

Robin Hood chief still eyeing $5-$8m eastern build-out

By NEIL HARTNELL Tribune Business Editor Robin Hood's president is eyeing a career move into real estate development via a further $5.5-$8 million build-out of the former retailer's Prince Charles Drive site, telling Tribune Business he had "five interes