Sagicor selling all shares to Canadian firm
BRIDGETOWN - Sagicor Financial Corporation Limited is looking to sell all its shares to the Toronto-based Alignvest Acquisition II Corporation, in a US$536 million deal. The insurance company, which is listed on More...
Policyholders ENNIA are at risk
WILLEMSTAD - The Central Bank of Curaçao and St. Maarten (CBCS) says that it rightly intervenes with the insurance company ENNIA. People who are insured with ENNIA run the risk of not getting their money if suddenly More...
ENNIA meets payment obligations
WILLEMSTAD, PHILIPSBURG - Since the emergency regulation on companies within the ENNIA group, the Central Bank of Curaçao and Sint Maarten (CBCS) has been working on the restructuring of ENNIA. This restructuring More...
Central Bank: ‘Progress on restructuring ENNIA’
Adjournment of the court hearing date of the legal recognition of the emergency regulations for ENNIA in the U.S. WILLEMSTAD, PHILIPSBURG - As was announced at the end of last month, the Central Bank of Curaçao More...
CBCS and ENNIA seek legal recognition in the U.S. to access American assets of ENNIA
Progress on restructuring ENNIA WILLEMSTAD, PHILIPSBURG - The Central Bank of Curaçao and Sint Maarten ("CBCS") and ENNIA Caribe Holding NV and some of its subsidiaries ("ENNIA") are seeking legal recognition in More...
Haiti gets help paying catastrophe insurance premiums
BRIDGETOWN - The Caribbean Development Bank (CDB) has approved a grant of US$3 million to cover Haiti’s 2018-2019 insurance premiums with CCRIF SPC—the company that provides parametric insurance coverage to More...
Dutch Central Bank wanted to intervene at ENNIA
WILLEMSTAD - The Dutch Central Bank has tried to intervene at the insurance company ENNIA, but the judge put a stop to it. The judge said that the Dutch Central Bank would then step into the jurisdiction area of More...
Urgent announcement ENNIA
he implementation of new payment procedures has caused a slight delay in the processing of pension payments. Anyone receiving an ENNIA pension will receive their pension payment no later than August 28th. We apologize More...
Brison: Government should ‘exercise extreme caution’ with ENNIA
PHILIPSBURG - Government and its companies should “exercise extreme caution” when dealing with embattled financial company ENNIA Group, says Member of Parliament Roland Brison in a press statement on Sunday. “Other More...
Central Bank: ‘Incorrect reporting on ENNIA causes unnecessary reputation damage and creates social unrest’
WILLEMSTAD, PHILIPSBURG - From the moment that several entities of the ENNIA group were placed under the emergency measure by the Court of First Instance of Curaçao at the request of the Centrale Bank van Curaçao More...
