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About | Insurance Commission of The BahamasIt serves as the prudential and market conduct regulator, and provides ongoing monitoring and control of all domestic insurers (general, long-term), agents, brokers, salespersons, adjusters, underwriting
Alerts & Warnings | ICBIt serves as the prudential and market conduct regulator, and provides ongoing monitoring and control of all domestic insurers (general, long-term), agents, brokers, salespersons, adjusters, underwriting
Copy of Alerts & Warnings | ICBAlerts & Warnings DOMESTIC MORE INTERNATIONAL MORE REGIONAL MORE PROMOTING SOUND AND PRUDENT INSURANCE REGULATION
Copy of External Insurers | ICBExternal Insurers Get a Price Quote First name Last name Email Phone Select a Service Choose an option Give us more details Request a Quote Domestic Insurers External Insurers Lloyd's of London Licensees Fees Forms Other Information Policies & Guidelines External Insurers External Insurers are entities that are domiciled in The Bahamas, but provide insurance services to markets outside of this jurisdiction. Licensees in this category are regulated under the External Insurance Act, 2009. Licensees External Insurance Companies Upload Other Information AML/CFT/PF - MOF - Executive Summary Bahamas Update (24.09.2020) AML/CFT/PF - Progress in Addressing the Strategic Deficiencies Identified by CFATF ICRG Captive Insurance Requirements Corporate Governance External Insurance Intermediaries General Due Diligence Requirements Licensing Requirements Maintaining Books and Record-Keeping Minimum Reporting Requirements for External Insurers & Insurance Managers Proposed Legislative Amendments - CESRA Proposed Amendments: Tax Reform and CESRA Re-registration Requirements Segregated Accounts Company Limit and Fees Domestic Insurers - Fees Fees Schedule Under The External Regulations, 2010 Segregated Accounts Company Limit and Fees Forms Application For Registration as An External Insurer (including Captives) PART A Application For Registration as An External Insurance Manager or Broker PART B Biographical Affidavit Policies & Guidelines AML-CFT-PF Risk-Based Supervision Corporate Goverance and Management Other Corporate Governance and Management Role and Responsibilities of the Captive Manager Role and Responsibilities of the Resident Representative Risk-Based Supervision Risk-Based Supervision Framework Risk-Based Supervision Letter Corporate Governance & Oversight Assessment Ladder of Supervisory Intervention - Insurance Companies AML-CFT-PF General Due Diligence Requirements - Directors, Sr. Mngmnt., Shareholder, Principal Rep. Anti-Money Laundering On-Site Examination Form AML-CFT-PF Guidelines for Insurance Companies Ladder of Intervention - AML & CFT & PF Guidance Note for Gen. Ins. and their Intermeds. on Min. Due Diligence Requirements for Policyholders General Insurers NOTICE - Guidance Note on CESRA PROMOTING SOUND AND PRUDENT INSURANCE REGULATION
Consultations | ICBIt serves as the prudential and market conduct regulator, and provides ongoing monitoring and control of all domestic insurers (general, long-term), agents, brokers, salespersons, adjusters, underwriting 2024 IFRS17 Discount Rates for Bahamas Dec 2023 Stress Testing Guideline (updated Sept. 2024) Long Term insurer Quarterly Return Template Long-Term Quarterly Return Instructions RBC Long-Term QIS Instructions Customer Verification Post Hurricane Dorian AML-CFT-PF Questionnaire for Insurers General Insurers Long-term
Management Team | ICBIt serves as the prudential and market conduct regulator, and provides ongoing monitoring and control of all domestic insurers (general, long-term), agents, brokers, salespersons, adjusters, underwriting
Legislation | ICBIt serves as the prudential and market conduct regulator, and provides ongoing monitoring and control of all domestic insurers (general, long-term), agents, brokers, salespersons, adjusters, underwriting
Functions | ICBIt serves as the prudential and market conduct regulator, and provides ongoing monitoring and control of all domestic insurers (general, long-term), agents, brokers, salespersons, adjusters, underwriting any class of insurance business from any provision of this act or the regulations, subject to such terms
External Insurers | ICBIt serves as the prudential and market conduct regulator, and provides ongoing monitoring and control of all domestic insurers (general, long-term), agents, brokers, salespersons, adjusters, underwriting
Disclaimer | ICBaccesses the Insurance Commission of The Bahamas’ (“the Commission”) website consents, as a User, to the terms The Commission reserves the right to amend these terms from time to time. materials published on the Commission’s website, such as legislation, regulations and decisions, can be copied
Intermediaries | ICBIt serves as the prudential and market conduct regulator, and provides ongoing monitoring and control of all domestic insurers (general, long-term), agents, brokers, salespersons, adjusters, underwriting
Domestic Insurers | ICBIt serves as the prudential and market conduct regulator, and provides ongoing monitoring and control of all domestic insurers (general, long-term), agents, brokers, salespersons, adjusters, underwriting Long-term insurers offer industrial life insurance, ordinary life insurance, variable life insurance, Long-Term Insurers Domestic Insurers Statutory/Regulatory Filing Requirements – Insurance Companies RBC Adequacy Framework Guidelines Long-term Risk-Based Capital Framework Correspndence Long-term Risk-Based
