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Gov’t moves to bring CLICO (Guyana) under judicial management

Stabroek News "Guyana’s Commissioner of Insurance, Maria van Beek has secured an order from the High Court to place CLICO (Guyana) under judicial management prior to winding up of the company.

The decision came following Tuesday’s move by the Bahamas Supreme Court to order the liquidation of CLICO (Bahamas). CLICO (Bahamas) held 51% of the assets of CLICO (Guyana) at the end of 2007."

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