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BAICO

Gonsalves steps down from ECCB’s Monetary Council

From Jamaica Observer CASTRIES, St Lucia (CMC) — Prime Minister Dr Ralph Gonsalves of St Vincent and the Grenadines has been hailed for his contribution to the Monetary Council of the Eastern Caribbean Central Bank (ECCB). Gonsalves, one of the…

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Possible 2017 payout for ECCU British American policyholders

By LK Hewlett BASSETERRE, St Kitts (WINN) — Regional policyholders of the British American Insurance Company Limited (BAICO) may be one step closer to receiving a payout, eight years after the company collapsed. Close to 4,000 individuals and businesses in…

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St Kitts-Nevis passes legislation to bring relief to BAICO policyholders

BASSETERRE, St Kitts (SKNIS) — The BAICO (Plan of Arrangement) Bill, 2016, passed into law at the sitting of the St Kitts and Nevis National Assembly on Tuesday, will “provide the legal framework to implement a plan of arrangement to…

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National Pensions Office meet with Employer Pension Plan Administrators

The National Pensions Office (NPO), a division of the Department of Labour & Pensions (DLP) recently held a meeting with representatives of the six Multi-Employer Pension Plan Administrators (MEPPA’s) to reinstitute a protocol of regular meetings and contacts between the…