Insurance Insights

self insurance - financial planning

GLOSSARY OF KEY WORDS IN THE INSURANCE BUSINESS Questions Answers 1. What is an application form? It is a form you fill out which provides information the insurance company will use to decide whether to issue you a policy and how much to charge. The application form is a part of your contract with the insurer thus it is therefore important that More...

by The Publisher | Published 2 days ago
NAGICO Insurances building
By The Publisher On Friday, February 8th, 2019
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A.M. Best Upgrades NAGICO’s Issuer Credit Rating

NAGICO’s leadership in catastrophe claims management affirmed as voted #1 insurance company for the 12th year in a row in St. Maarten Philipsburg, Sint Maarten – February 7, 2019 – NAGICO Insurances, a diversified More...

Presentation Nagico sponsored Atlantic Challenge - Macsood Amjad
By The Publisher On Thursday, January 24th, 2019
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NAGICO-SPONSORED ATLANTIC DISCOVERY CROSS THE FINISH LINE OF THE WORLD’S TOUGHEST ROW

PHILIPSBURG — It took the four men 40 days, almost 1,000 hours rowing, nearly 1 million calories, 700 litres of water, 52,000 watts of solar power, unimaginable inner strength and a large dose of humor to More...

NAGICO Insurances super
By The Publisher On Saturday, January 12th, 2019
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Insurance Insights: “The story of how to avoid under-insurance”

So I went down to Nagico Insurances offices on the Cannegieter Street. Finding parking close by is always a challenge. I figured I would use The Secret to attract a parking spot right in front of the Nagico building. More...

StMaartenNews Opinion
By The Publisher On Friday, November 23rd, 2018
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Insurance matters

By Hilbert Haar Anybody who has ever insured a car on our island on the French side knows one thing for sure: those insurances are much more expensive than the ones on the Dutch side. The reason for this price More...

NAGICO Insurances building
By The Publisher On Friday, November 23rd, 2018
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Limited insurance coverage invalid on the French side, court rules

PHILIPSBURG – The Common Court of Justice has ordered insurance company Nagico to pay close to $499,000 to a local company for a traffic accident that took place in 2000 on the French side. The court ruled More...

Dwayne Elgin NAGICO - Ravi Daryanani PJIA
By The Publisher On Tuesday, September 4th, 2018
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Nearly $700 Million USD paid out by NAGICO thus far; PJIA Airport latest recipient

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 More...

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...