Improved regulation can attract global entities, says Cummins

Enhanced regulations is one of the ways Barbados can improve its attractiveness as a global business domicile.

Minister of Energy and Business Development Senator Lisa Cummins made that point yesterday while noting that the island “remains one of the top jurisdictions in the world . . . in particular for . . . the captive insurance industry”.

She was leading off debate on the Insurance (Amendment) Bill, 2025, which was later passed by the Senate.

The legislation amended the Insurance...