Caribbean Press Releases - recent news & press releases - http://www.caribbeanpressreleases.com
Trinidad: $33M CLICO Payout
http://www.caribbeanpressreleases.com/articles/8198/1/Trinidad-33M-CLICO-Payout/Page1.html
S Coward

 
By S Coward
Published on 24-Mar-11
 
Port-of-Spain - March 24, 2011 - Two years after CLICO collapsed and was rescued by the former PNM government, government has paid approximately $33 million to CLICO policyholders who invested in high-interest bearing Executive Flexible Premium Annuity financial instruments offered by the company.