Caribbean

CLICO has US$2.68 billion in cash to pay claims, says policyholders’ lawyer

PORT OF SPAIN, Trinidad -- CLICO policyholders’ legal adviser Ramesh Lawrence Maharaj said CLICO has $17 billion (US$2.68 billion) in cash and it should use the sum to pay the 350 policyholders their $500 million claim. He also said the matter is expected to be heard before the Privy Council...

PORT OF SPAIN, Trinidad — CLICO policyholders’ legal adviser Ramesh Lawrence Maharaj said CLICO has $17 billion (US$2.68 billion) in cash and it should use the sum to pay the 350 policyholders their $500 million claim. He also said the matter is expected to be heard before the Privy Council…

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CLICO has US$2.68 billion in cash to pay claims, says policyholders’ lawyer

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