Trinidad and Tobago News

Caribbean nations establish joint disaster insurance pool

Caribbean countries joined by outside donors and international and regional organizations established a $47 million insurance pool to soften the blow from earthquakes and hurricanes. Called the Caribbean Catastrophe Risk Insurance Facility, the program grew out of member governments’ determination …

Caribbean nations establish joint disaster insurance pool

Caribbean countries joined by outside donors and international and regional organizations established a $47 million insurance pool to soften the blow from earthquakes and hurricanes. Called the Caribbean Catastrophe Risk Insurance Facility, the program grew out of member governments’ determination …

Caribbean Nations Establish Joint Disaster Insurance Pool

Caribbean countries joined by outside donors and international and regional organizations established a $47 million (euro35.7 million) insurance pool this week to soften the blow from earthquakes and hurricanes. Called the Caribbean Catastrophe Risk Insurance Facility, the program grew out …

Best Affirms Gulf Ins. ‘A-‘ Rating

A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of Trinidad’s Gulf Insurance Limited, with a stable outlook. “The rating reflects Gulf’s consistently favorable operating performance, liquid investment portfolio, geographic spread of risk and …

Best Affirms Sagicor ‘A-‘ Rating

A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Sagicor General Insurance Inc. (Bridgetown, Barbados) with a stable outlook. “The rating reflects Sagicor’s solid risk-based capitalization, excellent operating performance, consistently prudent underwriting leverage …

Best Places Ratings for N.E.M. (West Indies) Ltd., Guardian General Under Review; Negative Implications

A.M. Best Co. has placed the financial strength ratings of A (Excellent) and B++ (Very Good) of N.E.M. (West Indies) Insurance Limited (NEMWIL) and Guardian General Insurance Limited (GGIL) (both domiciled in Trinidad & Tobago), respectively, under review with negative …

ING sells Fatum Operations to Guardian Holdings Limited

The Netherlands ING Group announced that it has reached an agreement with Guardian Holdings Limited (GHL) of Trinidad and Tobago to sell its Fatum operations, a group that handles life, non- life and health insurance in the Netherlands Antilles and …