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Registrar of Insurance Companies > About the ORIC > Mission Statement
Insurance
MISSION STATEMENT
To protect the interests of the insuring public through the prudential supervision of the insurance industry operating in and from The Bahamas.
Mandate of the Registrar of Insurance Companies
Be the supervisory and regulatory authority for the insurance industry;
Ensure the protection of policyholders’ interests;
Ensure the solvency of insures and re-insurers conducting business under the Domestic and External Insurance Acts;
Facilitate the orderly functioning of re-insurers, insurers, and intermediaries; and
Give effect to associated matters both domestic and international.
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