Nearly $700 Million USD paid out by NAGICO thus far; PJIA Airport latest recipient

Dwayne Elgin NAGICO - Ravi Daryanani PJIA

Nearly $700 Million USD paid by NAGICO to insureds in the Caribbean thus far The US$58.2 Million Dollar judgement fully paid to Princess Juliana International Airport by NAGICO Philipsburg, Sint Maarten (September 3, 2018) — National General Insurance Corp N.V. (NAGICO), a diversified insurance company serving 21 territories in the Caribbean, More...

by The Publisher | Published 3 weeks ago
NAGICO Insurances building
By The Publisher On Monday, July 30th, 2018
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PJIA satisfied with judgement ordering NAGICO to pay an advance of USD 33,2 million

Simpson Bay, St. Maarten (Monday July 30, 2018) – In a judgment of 30 July 2018, the Sint Maarten Court of First Instance ordered Nagico to pay to Princess Juliana Airport (PJIA) an advance of USD 33,2 million. More...

Massy United Insurance logo
By The Publisher On Thursday, July 19th, 2018
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No mass layoffs at Massy; only 5% staff reduction

PHILIPSBURG — Reports reaching our news desk indicated that 50% of Massy United Insurance in Trinidad were being let go and Barbados and the BVI were to soon follow. However, an official statement StMaartenNews.com More...

Massy United Insurance logo
By The Publisher On Thursday, July 19th, 2018
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Statement from Massy United Insurance Ltd.

BARBADOS — Massy United Insurance (MUI) is pleased to announce that to date, the company has settled 95% of claims arising from the catastrophic effects of Hurricanes Irma and Maria in 2017, which affected More...

Mass Layoffs
By The Publisher On Tuesday, July 17th, 2018
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Mass layoffs at Massy?

~ Consequences hurricanes Irma and Maria possibly negatively affecting Caribbean insurance company Massy United; mass layoffs ongoing ~ TRINIDAD/BARBADOS -- Insurance company Massy United Insurance may be the first More...

Thank You Sign Nagico
By The Publisher On Tuesday, July 17th, 2018
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NAGICO almost at a 100% settlement score

~ NAGICO continues to settle hurricane insurance claims at a score of 94% to date in St. Maarten, according to a company statement to StMaartenNews.com ~ PHILIPSBURG — NAGICO wrote to StMaartenNews.com that More...

mullet-bay-st-maarten
By The Publisher On Monday, July 9th, 2018
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Mullet Bay land worth 460 million guilders at the heart of Ennia’s pension problems

PHILIPSBURG – Over the weekend, reports reaching our news desk indicated that the Prosecutor’s Office in Curacao at the behest of the Central Bank of Curacao and St. Maarten (CBCS) requested the assistance of More...

ENNIA - Photo Extra
By The Publisher On Thursday, July 5th, 2018
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CBCS requested emergency measure for ENNIA

Willemstad/Philipsburg – After having identified that Ennia Caribe Leven NV, Ennia Caribe Schade NV and Ennia Caribe Zorg NV, (ENNIA), has been non-compliant with applicable laws and regulations, the Centrale More...

Self-insurance
By The Publisher On Sunday, June 17th, 2018
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Is Self-Insurance an option worth considering?

With this raging debate about insurance and the dreaded state of being ‘under-insured’ according to the conclusion of various insurance companies here on St. Maarten in the aftermath of hurricane Irma and the More...

PR20172018-0011 Oncology (1)
By Online Editor On Friday, May 25th, 2018
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ROTARY CLUB OF SINT MAARTEN & WIMA HOST ONCOLOGY CONFERENCE

-Nagico is the Platinum Sponsor   PHILIPSBURG, SINT MAARTEN – May 25, 2018 – The Rotary Club of Sint Maarten, in conjunction with the Windward Islands Medical Association, and their Platinum Sponsor, NAGICO More...