The Insurance Commission of The Bahamas recently participated in the annual conferences of the Caribbean Association of Pension Supervisors (CAPS) and the Caribbean Association of Insurance Regulators (CAIR) in Belize, joining regulators from across the region to discuss developments shaping the insurance and pension sectors. Representing The Bahamas were Superintendent of Insurance Dana L. Munnings-Gray, Deputy Superintendent of Insurance Rodney D. Bain Jr., and members of the Commission’s team, who actively participated in technical sessions, strategic discussions, and engagements with regional counterparts.
The conferences brought together regulators from across the Caribbean to address matters impacting the insurance and pension sectors, including regulatory developments, emerging risks, consumer protection, innovation, and regional cooperation. Through CAPS, pension supervisors collaborate on strengthening oversight frameworks and sharing best practices, while CAIR provides a platform for insurance regulators to advance supervisory standards, promote regulatory consistency, and address challenges common to member jurisdictions.
A significant outcome of the meetings was the election of The Bahamas to the Presidency of CAIR, with Superintendent Dana L. Munnings-Gray elected to serve as President of the organization. The appointment marks The Bahamas’ second term leading CAIR, having previously served as President from 2014 to 2018. The election reflects the confidence of regional counterparts in The Bahamas’ regulatory leadership and its continued contributions to strengthening insurance supervision throughout the Caribbean.
The Insurance Commission is also pleased to announce that The Bahamas will host both the CAIR and CAPS conferences next year, welcoming regulators and industry stakeholders from across the Caribbean. Hosting these events underscores The Bahamas’ growing leadership role in regional regulation and its commitment to advancing regulatory excellence, capacity building, and meaningful collaboration among Caribbean supervisory authorities.
