PM to meet with CLICO policy holders

PM to meet with CLICO policy holders

CLICO policy holders in Saint Lucia are to meet with the island’s Prime Minister regarding the settlement of their investment in the insurance company which collapsed in 2009.

The collapse of CL Financial, the parent company of CLICO had caused setbacks to the policy holders who had purchased the Executive Flexible Premium Annuity Policies from the Company.

The meeting which will be held on Thursday August 28th at the Prime Minister’s Office will be attended by a 6-man delegation of CLICO Policy holders led by Mr. Calixte George.

Policy Holders say they are very eager for a positive outcome in light of reports in Barbados that arrangements were being put in place to repay CLICO EFPA policy holders there.

Following the meeting, Policy Holders will be informed of the progress which has been achieved. Consequently, all CLICO Policy Holders who have been affected by the collapse of the Company and who have not registered with the Group are invited to contact Gene or Katherine Lawrence t Tel. No. 4520027 or [email protected]


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