Tag archive for ‘ennia’
Hushang Anary - Photo Antilliaans Dagblad
By The Publisher On Saturday, February 15th, 2020
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Ansary to court on March 30

WILLEMSTAD – The Court in First Instance in Curacao will handle the liability procedure against insurance company ENNIA’s major shareholder Hushang Ansary and other former managers on March 30, the Antilliaans More...

CBCS Central Bank Head Offce in St. Maarten
By The Publisher On Wednesday, December 11th, 2019
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Central Bank spends millions on effort to rescue ENNIA

PHILIPSBURG/WILLEMSTAD – The court in Curacao has increased the advance payment to the Central Bank for expenditures related to the restructuring of insurance company Ennia to 15 million guilders, the Antilliaans More...

CBCS Central Bank Head Offce in St. Maarten
By The Publisher On Sunday, November 24th, 2019
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Central Bank counters complaints by Ennia’s supervisory board

PHILIPSBURG – The Central Bank of Curacao and St. Maarten (CBCS) is not happy with a letter Faroe Metry, president of the supervisory board of insurance company Ennia’s operating units, wrote. The Central Bank More...

ENNIA - Photo Extra
By The Publisher On Monday, March 4th, 2019
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Ill-prepared

By Hilbert Haar The recently held meeting of the parliamentary finance committee about the situation of insurance company ENNIA and its affiliated entities showed once more how ill-prepared some politicians are More...

Minister of Finance Geerlings with CBCS Director Jose Jardim in Parliament - 20 Feb 2019
By The Publisher On Wednesday, February 20th, 2019
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Jardim: “We do our utmost to protect ENNIA’s policyholders”

PHILIPSBURG – The Central Bank will “do its utmost” to protect the interests of policyholders at troubled insurance company ENNIA, but there are no guarantees. That is the message members of the parliamentary More...

ENNIA - Photo Extra
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...

ENNIA - Photo Extra
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...

Hilbert Haar
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...

ENNIA - Photo Extra
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...

MP Rolando Brison
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...