Bahamas section written by Linda Beidler-D'Aguilar and Anastasia Campbell, both of Graham Thompson. The Insurance Act, 2005 (the Domestic Act) and its associated regulations (domestic regulations) deal with domestic insurers, local branches of foreign insurers and the domestic market.The External Insurance Act, 2009 (the External Act) and its associated regulations (external regulations) regulate external (captive) insurers.is an archipelagic state within the Lucayan Archipelago.It consists of more than 700 islands, cays, and islets in the Atlantic Ocean and is located north of Cuba and Hispaniola (Haiti and the Dominican Republic); northwest of the Turks and Caicos Islands; southeast of the US state of Florida and east of the Florida Keys.There is nothing more important to us than the safety and security of our guests as we are 100% dedicated to providing an enjoyable and safe cruise experience for every guest.As a result of the Cruise Vessel Security and Safety Act of 2010, statistics for cruise ship crime allegations will now be posted on the internet for public viewing. Coast Guard's website, represent crime allegations in different categories occurring on cruise ships sailing from North America, which must be reported in accordance to the Cruise Vessel Security and Safety Act of 2010.Its functions include maintaining surveillance over the insurance market, promoting and encouraging sound and prudent insurance management and business practices and ensuring that the provisions of the anti-money laundering legislation of the Bahamas are complied with.
The designation of "the Bahamas" can refer either to the country or to the larger island chain that it shares with the Turks and Caicos Islands.The government agency responsible for regulating insurance companies in the Bahamas is the Insurance Commission of the Bahamas.The Commission is an operationally independent body corporate that derives its authority from the Domestic Act.Public reporting requirements, mandated by this law, are unique to the cruise industry and similar requirements do not exist for other travel suppliers such as airlines, hotels and theme parks. The Coast Guard crime statistics data is located at: The Cruise Vessel Security and Safety Act requires cruise lines which operate in United States waters to make a Security Guide available to guests.This Security Guide is provided pursuant to that United States law.