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Search Results for: ennia

By The Publisher On Friday, February 1st, 2019
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Parman loses lawsuit: emergency measure at ENNIA remains in place

PHILIPSBURG — “Okay, then you start the emergency regulation.” With those words Hushang Ansary, the 93-year old Persian-American major shareholder of Parman International BV walked out of a meeting with More...

By The Publisher On Thursday, January 31st, 2019
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Ennia gets access to Merill Lynch accounts

WILLEMSTAD – Insurance company Ennia will get access to the approximately $124 million held in accounts at Merrill Lynch in New York, United States Bankruptcy Judge Martin Glenn ruled this week. Hushang Ansary, More...

By The Publisher On Tuesday, January 15th, 2019
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Will Ennia’s policyholders pay the price?

By Hilbert Haar Insurance company Ennia is struggling, to put it mildly. Its management and members of the supervisory board, including major shareholder Hushang Ansary, have been fired and the company is now controlled More...

By The Publisher On Monday, January 14th, 2019
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Ansary frustrates restructuring of insurance company ENNIA

PHILIPSBURG – Hushang Ansary, the 93-year old Persian-American major shareholder of Parman International B.V. is frustrating the restructuring process the Central Bank of Curacao and St. Maarten (CBCS) has More...

By The Publisher On Monday, August 27th, 2018
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MP Brison expressed concerns to Central Bank about ENNIA Group, Mullet Bay & Banking Practices

PHILIPSBURG — At the recent committee of finance meeting on Wednesday August 22nd with the Central Bank, Member of Parliament and USP Faction Leader Rolando Brison had expressed some serious concerns about More...

By The Publisher On Tuesday, July 17th, 2018
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SDM Leader Ortega has hard questions about Ennia, Mullet Bay and the Silence of Politicians in St. Maarten

SINT MAARTEN (MULLET BAY) – Benjamin Ortega, Leader of the St. Maarten Development Movement (SDM) has issued a press statement on Sunday regarding Ennia, and the measures taken by the Central Bank of Curacao More...

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...

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...

By The Publisher On Friday, May 18th, 2018
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Ennia Group Announces Senior Management Promotions

PHILIPSBURG — In a press statement issued today, Ennia Caribe Holding N.V. announced that former minister of Finance, Richard F. Gibson, Sr., has been appointed, effective immediately, as President and General More...

By The Publisher On Friday, October 13th, 2017
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ENNIA pays out insurance claims hurricane Irma

Philipsburg — ENNIA recently paid out the first insurance claims in connection with hurricane Irma through its St. Maarten branch. The insurance company’s chief executive officer, Ralph Palm, confirmed that More...