$16 million payout for Bahamas CLICO policyholders

More than seven years after CLICO (Bahamas) Limited went into liquidation, Prime Minister Perry Christie announced on Monday that policyholders who are still current will begin to receive payouts before the end of the month.

During his mid-year budget communication, Christie said cash payouts are estimated at $16 million.

Read more at: http://caribbeannewsnow.com/topstory-%2416-million-payout-for-Bahamas-CLICO-policyholders-29589.html

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