The Bahamas Investor

...e Ocean Club staff. After the event, the LPGA commissioner acknowledged to Fields that this was one of the best grounds crew he had ever seen. As a result, the 2014 LPGA Classic will open the tour this month back at the same venue. This, according to Fields, is a tremendous boost not only for the resort, but also for The Bahamas’ tourism product as a whole. “The LPGA is in partnership with the Ministry of Tourism, so it gives immeasurable exposure......

...our captives sector.” Pictured: Aliya Allen (left), BFSB’s chief executive officer and executive director and ICB’s superintendent, Michele Fields. (Photo courtesy BFSB)......

...f our ongoing communication and engagement with the general public, particularly our consumer awareness radio and television advertisements, the public will gain greater understanding of the insurance market and the role of the commission.” Pictured: Michele Fields, superintendent of insurance (seated fourth left), speaks at a press conference, June 25, 2019 at the Poinciana House offices to announce plans for the 10th Anniversary celebrations of......

...es. Pictured: Panelists (in addition to Aliya Allen) included Ryan Pinder, Michele Fields, and Lorraine Stack. (Photos courtesy Bahamas Financial Services Board) BSA’s 200 members are owners from various nations and shipping sectors including ferry and short-sea vessels, cruise ships, reefers, high quality tankers and operators of dry bulk carriers. BMA, which provides secretariat services for the association, welcomed the opportunity to partner w......

...s and 1,500 salespersons. An ICB commissioner since its inception, Michele Fields was appointed superintendent of insurance at the beginning of this year. Fields is a member of the Institute of Chartered Accountants in England and Wales, having qualified with KPMG (formerly Peat Marwick Mitchell) in London in 1982. Upon her return to The Bahamas, she was admitted as a member of the Bahamas Institute of Chartered Accountants and worked with KPMG in......

...surance Commission of The Bahamas has announced the appointment of Michele Fields as the Superintendent of Insurance. Fields is a member of the Institute of Chartered Accountants in England and Wales , having qualified with KPMG (formerly Peat Marwick Mitchell) in London in 1982. Upon her return to The Bahamas, she was admitted as a member of the Bahamas Institute of Chartered Accountants and worked with KPMG in Nassau from 1982 to 1994. In 1994,......

...h UBS’ Wealth Management division chief executive officer Jürg Zeltner and Michele Fields, the newly appointed superintendent of the Insurance Commission of The Bahamas, as well as a profile of Cheryl Bazard, founding president of the Bahamas Association of Compliance Officers (BACO). Heading the Investment section of this issue is the Bimini Bay Resort and Marina, which is poised to expand further with the groundbreaking of the neighbouring luxur......

...part of a condo hotel, it earns you money when you’re not home. Pineapple Fields is a simple but charming new development on the western shore of the island retreat of Eleuthera, close to Governor’s Harbour and the airport. This newly constructed 32-unit condo and boutique resort property sits nestled next to a three-mile crescent of beach. Nowhere near palatial–each unit is just 925 sq ft–its buildings are designed in a simple, classic Bahamian......

...ese financial unit in The Bahamas to deal with bilateral investment in all fields. “If we set up an office staffed by Chinese with bilingual capabilities, it could act as a catch-all for entities in China that want to do business here, as well as Bahamian companies that want to do business with China–holding investments and making investments. That could mushroom into something very significant.” However, Simon at the Bahamas-China Friendship Asso......

...iñon said Cuba could become more interested in exploring its shallow water fields near the Bahamas if BPC strikes black gold there. Several international companies failed to find economically viable oil wells in the Florida Straits in 2012. The companies, led by Spain’s Repsol, leased a giant semi-submersible oil rig to search for the oil. After spending more than $100,000 a day, Repsol found some crude but not enough to justify the expense of dee......

...potential for supergiant fields is present, possibly half a billion barrel fields and greater,” says Dr Paul Crevello, Bahamas Petroleum Company Plc (BPC) chief operating officer. Pointing to studies done by independent consultants and firms, he suggests that local fields could yield anywhere from 500 million “to potentially” one billion barrels of oil. Crevello comments were made at the 20th Bahamas Business Outlook conference, where he spoke on......

...ra’s newest condo/hotel development, Pineapple Fields, headed by Pineapple Fields Development Co president Christopher Lightbourn. The 32-unit condo/hotel called The Club at Pineapple Fields, is set on 80 acres of lush tropical forest with 1,000 ft of powdered-sand beachfront. Each unit is also available to be rented out when owners are not in residence, with units maintained by Out Island Resorts Management Ltd. Future plans include the developme......

...ident Franon Wilson, and vice president of operations at Doctors Hospital, Michele Rassin. The new additions bring the board’s total membership to 13. “This board won’t be a board where we show up for a meeting once a month and pontificate about issues,”?says the chamber president. “We are going to be a working board.” For Rolle, the board members aren’t just industry leaders. More importantly, they have demonstrated the capacity to deliver. Case......

...briefing will also include a regulatory perspectives presentation by Mrs. Michele Fields, superintendent of the Insurance Commission of The Bahamas, as well as an overview of life insurance and the high-net-worth individual (HNWI) by Guillaume Bouffard and Paul Cooper, Co-Founders of Premium Life Insurance Ltd in Nassau. Their presentation will speak to what makes The Bahamas a competitive market place for HNWIs in terms of insurance solutions. I......

...ance sector, as well as gain knowledge on current international standards. Michele Fields, superintendent at the Insurance Commission of The Bahamas (ICB), is attending the event, representing the ICB and The Bahamas. This year’s programme includes panels on financial stability, ComFrame, recent revisions to the IAIS’ Insurance Core Principles (ICPs), and access to insurance. “We are pleased once again to have enjoyed the participation of so many......