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Search Results for: ENNIA

By The Publisher On Saturday, June 29th, 2024
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Parliament hesitant about approving Ennia-solution

PHILIPSBURG — It is not at all certain that the parliament will approve the proposal to save Ennia from bankruptcy and thus protecting the interest of its policy holders. Finance Minister Marinka Gumbs More...

By The Publisher On Saturday, June 29th, 2024
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Finance Minister Gumbs criticizes Ennia-solution

PHILIPSBURG — Finance Minister Marinka Gumbs is highly critical of the proposed solution to keep insurance company Ennia out of bankruptcy. The Netherlands has made the interest rate St. Maarten has to pay More...

By The Publisher On Wednesday, December 20th, 2023
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Central Bank reaches agreement to protect Ennia pensions

PHILIPSBURG — The Central Bank of Curacao and St. Maarten (CBCS) has reached an agreement with the governments of Curacao and St. Maarten whereby there is no need for cuts in the pensions of Ennia policy More...

By The Publisher On Tuesday, November 21st, 2023
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Investigative journalism consortium dives into the ENNIA-saga

PHILIPSBURG — The International Consortium of Investigative Journalists (ICIJ) has published an article about the dispute between ENNIA’s majority shareholder Hushang Ansary and the Central Bank of Curacao More...

By The Publisher On Monday, November 6th, 2023
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Appeals court blocks Ennia’s attempt to get a judgment from the Supreme Court

WILLEMSTAD — The Common Court of Justice has denied Ennia’s request to have the Supreme Court  render judgment on the court’s interim ruling in the dispute between the insurance company and its majority More...

By The Publisher On Thursday, October 26th, 2023
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Call for keeping Ennia-expert Grimm on board

WILLEMSTAD – Ennia’s Chief Executive Officer Lesley Ann Harms-Brodie has urged Central Bank President Richard Doornbosch and Minister of Finance Javier Silvania to keep Elisabeth Grimm on board for the More...

By The Publisher On Tuesday, October 24th, 2023
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Ennia wants to take the Ansary-dispute to the Supreme Court

WILLEMSTAD — Ennia and its supervisor CBCS want a ruling from the Supreme Court in The Hague about the dispute with Ennia’s majority shareholder Hushang Ansary and others, the Antilliaans Dagblad reports. In More...

By The Publisher On Thursday, October 19th, 2023
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PAR wants to force Ennia-prosecution with Article-15 procedure

WILLEMSTAD — Opposition party Partido Alternativa Real (PAR) wants to start an Article-15 procedure to force the Prosecutor’s Office to prosecute those who are responsible for the damages inflicted on insurance More...

By The Publisher On Wednesday, October 11th, 2023
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Central Bank to discuss details of Ennia-solution

PHILIPSBURG — The solution Curacao’s Prime Minister Gilmar Pisas has presented for embattled insurance company Ennia is not an entirely done deal yet, it appears from a press release issued by the Central More...

By The Publisher On Saturday, October 7th, 2023
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Curacao refuses loan and Ennia Leven will cease to exist

PHILIPSBURG — The Dutch loan of €600 million (1.2 billion guilders or $636 million) to Curacao and St. Maarten to save the life insurance branch of insurance company ENNIA is off the table. Curacao’s More...