Bahamas Insurance Q1 2019
We are taking a cautiously optimistic view of the Bahamas' insurance sector. Life insurance premiums should rise thanksto greater usage by households who already value the insurers' offerings (and can afford them). Non-life insurance premiums shouldbe boosted by higher volumes in the property and the motor vehicle insurance sub-sectors, which together account for over 80% ofnon-life business written. In relation to both of these sub-sectors, we take the view that the insurers will have pricing power - and willbe able to pass on higher costs to their customers.
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