Gov’t Notice Re: CLICO (Bahamas) Limited in Liquidation – thebahamasweekly.com

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Gov’t Notice Re: CLICO (Bahamas) Limited in Liquidation
thebahamasweekly.com
The Government will provide capital support to the “SPV” to cover the liabilities with assets which are admitted by the Insurance Commission of The Bahamas (“ICB”) for solvency purposes Policyholders with active/in-force policies should therefore

Gov't Notice Re: CLICO (Bahamas) Limited in Liquidation
thebahamasweekly.com
The Government will provide capital support to the “SPV” to cover the liabilities with assets which are admitted by the Insurance Commission of The Bahamas (“ICB”) for solvency purposes Policyholders with active/in-force policies should therefore

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Baha Mar to be sold twice as court process ends

BAHA Mar’s secured creditor has acquired the project from its receivers for a sum “substantially higher” than that offered by the top bidder, with the property essentially being sold twice as part of the process.