Barbados' Non-Bank Sector Doing Well

Barbados is doing well in the area of international insurance.

So says Chief Executive Officer of the Financial Services Commission (FSC), Randy Graham, who is reporting that the country has seen year-on-year growth in registration of such companies every year since 2012, and this has assisted the country in being ranked in the top 10 globally as a domicile for international insurance.

Additionally, speaking at the Domestic Financial Institutions Conference hosted by the Central Bank of Barbados, the FSC and the Barbados Bankers Association Inc., which was held recently at the Lloyd Erskine Sandiford Centre, Graham further revealed the local non-bank financial sector in general has been performing well. He said that FSC has done several things over the past five years, which have aided signs of stability in the...