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Barbados put on amber alert

SHAWN CUMBERBATCH, [email protected]

Barbados put on amber alert

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PREEMINENT INSURANCE RATING agency A.M. Best is one step away from raising a red flag on Barbados.

The SUNDAY SUN confirmed that the United States-based entity has issued a new Barbados Country Risk Report in which it raised concern about Barbados’ “high” economic and financial risk.

A.M. Best has ascribed a country risk tier (CRT) of four (amber) to Barbados, meaning there is a “high level of country risk”.

This is one stage away from the highest category, CRT five (red). (SC)

Please read the full story in today’s Sunday Sun, or in the eNATION edition.