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Hong Kong-based re-insurer Peak Re acquires complete ownership of NAGICO

PHILIPSBURG — Insurance Company Nagico will become 100 percent subsidiary of Peak Re (Peak Reinsurance Company), pending regulatory approval, NAGICO said in a press statement. Peak Re is a Hong Kong-based reinsurance specialist. On its website it reports 550 clients in more than seventy countries and $1.7 billion in gross written premiums per More...

by The Publisher | Published 18 hours ago
By The Publisher On Thursday, July 22nd, 2021
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How Dutch is Ballast Nedam?

PHILIPSBURG — Ballast Nedam is generally recognized as a Dutch construction company. There is however nothing Dutch about the chairman of the board or about Ballast Nedam’s parent company. The chairman More...

By The Publisher On Thursday, July 22nd, 2021
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Ballast Nedam wins bid for airport reconstruction project

PHILIPSBURG — Dutch construction company Ballast Nedam has won the bid for the airport terminal reconstruction project. The Princess Juliana International Airport Operating Company (PJIAE) hails de winner More...

By The Publisher On Friday, July 16th, 2021
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Sol takes steps to further energize St. Maarten community

CAY BAY — Sol Antilles N.V. (Sol), the Caribbean’s leading provider of petroleum-based energy solutions has taken a major step towards further energizing the island of St. Maarten. This comes with the recent More...

By The Publisher On Thursday, July 15th, 2021
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Prosecutor’s Office starts preliminary criminal investigation into GEBE oil spill 

CAY BAY — The Prosecutor’s Office OM SXM has launched a preliminary criminal investigation into the major oil spill that occurred on Tuesday in the vicinity of the Cay Bay power plant of utilities company More...

By The Publisher On Friday, July 2nd, 2021
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Blistering response to allegations from GEBE’s board member Bienvenido Richardson

PHILIPSBURG -- Attorney Jairo Bloem has released a blistering response to accusations GEBE’s board member Bienvenido Richardson leveled at him in a letter dated June 8. Bloem did not react sooner because GEBE’s More...

By The Publisher On Friday, July 2nd, 2021
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GEBE Supervisory Board allows attorney Jairo Bloem to defend himself with letter to the media

On June 12th, 2021, a letter of the ex-chairman of the Supervisory Board of NV GEBE, Mr. Bienvenido Richardson, became the subject of an online media article. That letter circulated before in the social media. On More...

By The Publisher On Tuesday, June 22nd, 2021
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GEBE-board strikes back and labels Richardson as “disgruntled”

PHILIPSBURG — The former chairman of the supervisory board of directors of GEBE, Bienvenido Richardson, and “an employee with a high function who reports to the  Audit Committee” are responsible for More...

By The Publisher On Monday, June 21st, 2021
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Supervisory Board NV GEBE issues statement

PHILIPSBURG — The Supervisory Board of Directors and the Management Board of NV GEBE took notice of the contents of a letter by a member of the Supervisory Board of NV GEBE addressed to the Prime Minister More...

By The Publisher On Monday, June 14th, 2021
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Corporate Governance Council has reservations about appointment Daniel as GEBE-CEO

PHILIPSBURG -- The Corporate Governance Council expressed concerns in its advice on the possible appointment of Sharine Daniel as the next Chief Executive Officer of utilities company GEBE that are somewhat surprising, More...






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