Tag archive for ‘ennia’
By The Publisher On Thursday, September 10th, 2020
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Have taxes been paid?

Reports coming out of Curacao indicate that well-known people on St. Maarten allegedly received millions in payments over a number of years from companies linked to ENNIA Insurances. These payments supposedly were More...

By The Publisher On Monday, September 7th, 2020
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Mullet Bay once again takes center stage

No one on St. Maarten, living and working on the island in the 70s and 80s, was not affected by Mullet Bay in one form or another. Every family had at least one or more relatives that worked at Mullet Bay. Many More...

By The Publisher On Friday, July 24th, 2020
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Central Bank appoints Brodie as ENNIA’s CEO

WILLEMSTAD – The Central Bank of Curacao and St. Maarten will install a new management team at insurance company ENNIA next week with Lesley-Ann Brodie as its Chief Executive Officer. Brodie spent more than ten More...

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...

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...

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...

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...

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...

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...