End the secrecy
Clico Policyholders are calling for an end to the secrecy surrounding the operation of CLICO International Life Insurance Company.
They were responding to a release from CLICO judicial managers Oliver Jordan and Patrick Toppin of Deloitte that they had submitted their interim report to the court.
The local advocacy group of CLICO?clients said: “BIPA (the Barbados Investors and Policyholders Alliance) expresses in the strongest possible terms that CLICO policyholders have suffered from secrecy and silence for far too long and that the report must be made available within the shortest possible time.
“We believe that this interim report reveals some critical information about money which belongs to the policyholders and they have a right to know the latest status of the company that took their money.” (PR)