PwC The Bahamas: Insurance
There has been a resurgence of interest in The Bahamas, in recent years, as an international insurance centre. Among the reasons for this are:
In response to this interest, we have developed an insurance team with primary concentration on local and international insurance advisory services.
To take advantage of this growing and demanding industry, we are dedicated to the training and development of our insurance professionals towards finding solutions to the challenges posed to our clients.
- The introduction of insurance legislation incorporating innovative features unique to The Bahamas
- Changes in onshore tax laws (notably in the US and Canada) that have removed some tax advantages of international trusts and corporations
- The ongoing need for new products for the very substantial Bahamian banking and trust community
- The enactment of new laws and regulations governing domestic and international insurance activities conducted from The Bahamas.