Trinidad: Clico group proposes payout of $1.1B annually

http://www.caribbeanpressreleases.com/articles/7699/1/Trinidad-Clico-group-proposes-payout-of-11B-annually/Page1.html

S Coward

By S Coward

Published on 07-Nov-10

A proposal made by the Clico Policyholders Group (CPG) to have the Government pay out 40 percent of monies owed to policyholders would cost approximately $1.1 billion annually, according to details of the plan released by the group’s acting chairman Peter Permell.