Trinidad: $33M CLICO Payout
http://www.caribbeanpressreleases.com/articles/8198/1/Trinidad-33M-CLICO-Payout/Page1.html
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.