fbpx
Tag archive for ‘bail out’
By The Publisher On Sunday, October 6th, 2024
0 Comments

Can the Government Guarantee ENNIA Pension Fund Recovery?

~ And what are the implications of moral hazard? ~ By Terrance Rey The question of whether the government can guarantee the recovery of the ENNIA pension fund is a critical one, especially for the policyholders More...

By The Publisher On Wednesday, October 11th, 2023
0 Comments

Central Bank to discuss details of Ennia-solution

PHILIPSBURG — The solution Curacao’s Prime Minister Gilmar Pisas has presented for embattled insurance company Ennia is not an entirely done deal yet, it appears from a press release issued by the Central More...

By The Publisher On Wednesday, September 27th, 2023
0 Comments

Minister Irion: Solution for Ennia becomes unattainable if not all parties agree

PHILIPSBURG — Refinancing of the corona liquidity loans hinges on an agreement about a solution for embattled insurance company Ennia. The deadline to reach an agreement is October 15. “This agreement remains More...

By The Publisher On Monday, September 11th, 2023
0 Comments

Dutch loan to rescue ENNIA meets with criticism

PHILIPSBURG — If the Dutch parliament agrees, insurance company ENNIA will be saved with a 600 million euro loan from the Netherlands. But not everybody is happy with this solution. The deal is that St. Maarten More...