Search Results for: ENNIA
Solution or no solution: what does it mean for the ENNIA policyholders in St. Maarten?
PHILIPSBURG — Finance Minister Marinka Gumbs made clear during a meeting of Parliament in June that the Outline Agreement as a solution for troubled insurance company ENNIA is not the best solution for St. More...
CBCS sounds the alarm over lack of parliamentary approval for ENNIA-solution
PHILIPSBURG — The Central Bank of Curacao and St. Maarten (CBCS) wants to finalize the restructuring of troubled insurance company ENNIA by December 1 of this year but it is unable to do so without approval More...
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...
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...
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...
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...
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...
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...
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...
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...
