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BFSB to host captive insurance basics seminar

Marcy Waterfall (left), a senior vice president in the Vermont office of Marsh’s Captive Solutions Group will be among presenters at a half-day seminar hosted by The Bahamas Financial Services Board on the basics of forming and operating a captive insurance company, scheduled for November 26 at the British Colonial Hilton Hotel. 

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TheBahamasInvestor.com
Wednesday, November 6, 2013
Wednesday, November 6, 2013

The Bahamas Financial Services Board (BFSB), in collaboration with the Insurance Commission of The Bahamas (ICB) and the Insurance Institute of The Bahamas (IIB), will host a half-day seminar on the basics of forming and operating a captive insurance company.


The leader of the seminar, scheduled for November 26 at the British Colonial Hilton Hotel, will be Marcy Waterfall, a senior vice president in the Vermont office of Marsh’s Captive Solutions Group. The programme also includes a presentation a representative from the ICB, who will speak on the regulatory environment for service providers.

BFSB CEO Aliya Allen says the event will be of relevance to anyone new to the captive insurance industry–or anyone that just wants to reinforce what they already know.

Captive Insurance Basics has been structured as an introductory level seminar that will cover the basics (Captives 101 approach) and will include: typical structures, benefits of a captive programme, feasibility analysis, forming a captive, operating a captive, regulatory considerations, and accounting and tax considerations. Case studies will be included in the programme.

The Bahamas Postal Services has released a set of colourful marine-themed commemorative postage stamps to mark the 20th anniversary of The Bahamas Reef Environment Educational Foundation (BREEF). Click the text link below to see the news stamps at a higher resolution.

People's Republic of China's Ambassador to The Bahamas Hu Shan completes posting.

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