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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.

VIEW FROM AFAR: We must make use of net metering

SINCE neither all my readers nor I are engineers, I will write in layman’s terms about the practice of net metering being adopted in enlightened countries.

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Bahamas escapes PR damage from bonefish guide abuse

The Bahamas almost suffered a tourism PR blow after seven visiting sportsfishing journalists saw their guide verbally abused and intimidated by a fisherman engaged in illegal netting.

Colina defends 'double book value' CFAL deal

Colina Holdings (Bahamas) yesterday said it paid “a fairly modest multiple” to acquire an affiliate from its majority shareholder, despite the $11.153 million purchase price being more than double CFAL’s net book value.

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Migration a major contributor to increase in population according to census report

THE population of The Bahamas increased by 13.6 per cent from 2010 to 2022, with net migration emerging as the primary reason.

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Leading health insurer rebounding from 2020 COVID fallout

A BISX health insurer disclosed that the company is rebounding from the 2020 COVID-19 fallout with a near 2,000 percent net investment income increase for the first six months of this year.

Optimist Sailing: Weech 41st overall after day 4

FOLLOWING a day of team racing, competition shifted back to individual competition on day four of the 2019 Optimist North American Championships.

Benefits payout fall offsets FamGuard’s 58% annuity decline

FamGuard Corporation has unveiled a flat year-over-year net income for the 2012 third quarter and first nine months, with a 57.6 per cent drop in annuity deposits offset by a $4.5 million decline in net poliyholder benefits.

FamGuard net profits up 26% as annuities double

Family Guardian’s BISX-listed parent has unveiled a 26 per cent net income increase for the nine months to end-September 2013, aided by annuity deposits more than doubling year-over-year.

Davis Jr shines in Grand Bahama battle

THIS past holiday weekend, all eyes in the Bahamian golfing community were focused on the island of Grand Bahama where the Bahamas Golf Federation held its 2014 National Amateur Championship.

Butterfield Bahamas returns to the black

By NEIL HARTNELL Tribune Business Editor Butterfield Bank (Bahamas) narrowly scraped into the black with a $2,000 net profit for its 2011 financial year, reversing the $3.962 million worth of red ink it incurred in the 12 months to December 31, 2010. Det

Butterfield Bahamas returns to the black

By NEIL HARTNELL Tribune Business Editor Butterfield Bank (Bahamas) narrowly scraped into the black with a $2,000 net profit for its 2011 financial year, reversing the $3.962 million worth of red ink it incurred in the 12 months to December 31, 2010. Det

Butterfield Bahamas returns to the black

By NEIL HARTNELL Tribune Business Editor Butterfield Bank (Bahamas) narrowly scraped into the black with a $2,000 net profit for its 2011 financial year, reversing the $3.962 million worth of red ink it incurred in the 12 months to December 31, 2010. Det

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Ayton and Suns squander 24-point lead in loss to Nets

DEANDRE Ayton and the Phoenix Suns nearly had a perfect ending to their six-game homestand, but squandered a 24-point second half lead in a loss to the New Jersey Nets on Tuesday night.

56 Bahamian millionaires target election wins

SOME of the Bahamas' wealthiest individuals, including 56 millionaires, are battling to become MPs in the General Election.

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J S Johnson in 170% claims rise through Dorian

J S Johnson yesterday revealed that a 170 percent spike in net claims incurred due to Hurricane Dorian has slashed its net income for the first nine months of 2019 by 26 percent. The BISX-listed broker and agent, also unveiling its third quarter fin

Colina's 'new life' after segment's 75% profits reduction

Colina Insurance is set to launch a new individual life “product suite” during the 2013 first half, in a bid to “boost sales volumes” after the segment’s net income contribution dropped 75 per cent in 2012.

Colina in $2.3m loss as COVID-19 bites

A BISX-listed life and health insurer yesterday disclosed that ordinary shareholders suffered a $2.3m net loss for the 2020 first quarter as COVID-19’s economic impact started to bite. Colina Holdings Bahamas, the parent company for Colina Insurance

J. S. Johnson profits 'dampened' by 40%

HURRICANE activity slashed J. S. Johnson’s profits by 40.4 per cent net for the nine months to end-September 2017, with its underwriting affiliate suffering a $2.58 million ‘swing’.The BISX-listed insurance broker and agent told shareholders that its

$1.23M PREFERENCE PAYOUT CAUSES BOB INVESTORS Q1 LOSS

By NEIL HARTNELL Tribune Business Editors Bank of the Bahamas International's ordinary shareholders suffered a minor $141,676 loss during the institution's fiscal 2012 first quarter, as timing issues related to $1.231 million in preference share dividend