Search Results for: ENNIA

By The Publisher On Friday, July 24th, 2020
0 Comments

Central Bank appoints Brodie as ENNIA’s CEO

WILLEMSTAD – The Central Bank of Curacao and St. Maarten will install a new management team at insurance company ENNIA next week with Lesley-Ann Brodie as its Chief Executive Officer. Brodie spent more than ten More...

By The Publisher On Wednesday, December 11th, 2019
0 Comments

Central Bank spends millions on effort to rescue ENNIA

PHILIPSBURG/WILLEMSTAD – The court in Curacao has increased the advance payment to the Central Bank for expenditures related to the restructuring of insurance company Ennia to 15 million guilders, the Antilliaans More...

By The Publisher On Sunday, November 24th, 2019
0 Comments

Central Bank counters complaints by Ennia’s supervisory board

PHILIPSBURG – The Central Bank of Curacao and St. Maarten (CBCS) is not happy with a letter Faroe Metry, president of the supervisory board of insurance company Ennia’s operating units, wrote. The Central Bank More...

By The Publisher On Wednesday, February 20th, 2019
0 Comments

Jardim: “We do our utmost to protect ENNIA’s policyholders”

PHILIPSBURG – The Central Bank will “do its utmost” to protect the interests of policyholders at troubled insurance company ENNIA, but there are no guarantees. That is the message members of the parliamentary More...

By The Publisher On Friday, February 1st, 2019
0 Comments

Parman loses lawsuit: emergency measure at ENNIA remains in place

PHILIPSBURG — “Okay, then you start the emergency regulation.” With those words Hushang Ansary, the 93-year old Persian-American major shareholder of Parman International BV walked out of a meeting with More...

By The Publisher On Thursday, January 31st, 2019
0 Comments

Ennia gets access to Merill Lynch accounts

WILLEMSTAD – Insurance company Ennia will get access to the approximately $124 million held in accounts at Merrill Lynch in New York, United States Bankruptcy Judge Martin Glenn ruled this week. Hushang Ansary, More...

By The Publisher On Tuesday, January 15th, 2019
0 Comments

Will Ennia’s policyholders pay the price?

By Hilbert Haar Insurance company Ennia is struggling, to put it mildly. Its management and members of the supervisory board, including major shareholder Hushang Ansary, have been fired and the company is now controlled More...

By The Publisher On Monday, January 14th, 2019
0 Comments

Ansary frustrates restructuring of insurance company ENNIA

PHILIPSBURG – Hushang Ansary, the 93-year old Persian-American major shareholder of Parman International B.V. is frustrating the restructuring process the Central Bank of Curacao and St. Maarten (CBCS) has More...

By The Publisher On Monday, August 27th, 2018
0 Comments

MP Brison expressed concerns to Central Bank about ENNIA Group, Mullet Bay & Banking Practices

PHILIPSBURG — At the recent committee of finance meeting on Wednesday August 22nd with the Central Bank, Member of Parliament and USP Faction Leader Rolando Brison had expressed some serious concerns about More...

By The Publisher On Tuesday, July 17th, 2018
0 Comments

SDM Leader Ortega has hard questions about Ennia, Mullet Bay and the Silence of Politicians in St. Maarten

SINT MAARTEN (MULLET BAY) – Benjamin Ortega, Leader of the St. Maarten Development Movement (SDM) has issued a press statement on Sunday regarding Ennia, and the measures taken by the Central Bank of Curacao More...