Curaçao and Sint Maarten announces Ennia restructure
Central bank to move insurer’s liabilities into new entity along with operational assets
The Central Bank of Curaçao and Sint Maarten (CBCS) has said it will restructure insurance company Ennia in order to safeguard policy-holders’ and creditors’ interests.
The CBCS said on November 8 that all necessary preparations would be made to establish a new Ennia entity by January 1, 2025.
The central bank said some of the original Ennia entity’s insurance liabilities would be transferred to the new entity. These liabilities were accrued from July 4, 2018, when the Court of First Instance in
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