No mass layoffs at Massy; only 5% staff reduction

Massy United Insurance logo

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 received from Massy United Insurance Ltd in Barbados stated that only 5% of its staff headcount in Trinidad and Barbados had been More...

by The Publisher | Published 2 days ago
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...

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...

Dwayne Elgin
By The Publisher On Thursday, February 8th, 2018
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Post-Irma insurance premiums to go up 30 to 60 percent

PHILIPSBURG – Post Hurricane Irma insurance premiums are likely to go up between 30 and 60 percent according to Dwayne Elgin, chairman of the St. Maarten Insurance Association. Elgin mentioned the percentages More...

SZV-building
By The Publisher On Tuesday, December 19th, 2017
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No cash payments at SZV as per January 1st, 2018

PHILIPSBURG — As per January 1st, 2018 customers of the Social & Health Insurances SZV will be encouraged to use alternative payment options as cash payments will no longer be accepted. SZV offers customers More...