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Friday, September 17

CLICO policy holders to be paid within three weeks

Kaieteur News: "A total of 11,290 policyholders with deposits and policies in the failed insurance giant Colonial Life Insurance Company (CLICO) Guyana, will within the next three weeks receive all their money.
President Bharrat Jagdeo made this announcement when he addressed the Clico shareholders at the National Cultural Centre yesterday. The meeting, which he summoned in the wake of the ruling by Chief Justice Ian Chang, that Clico be liquidated, saw several hundred policyholders and interested parties attending the forum.
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