On December 1, 2022 the Central Bank relinquished emergency control over Colonial Life Insurance Company (Trinidad) Ltd. (CLICO). The Central Bank had exercised such control since 2009.
See link to the Gazette Notice No. 1752 regarding the exit for CLICO.
See link to Legal Notice No. 32 2009 whereby the Central Bank assumed emergency control of CLICO.
A press conference was held on December 6, 2022 with Central Bank Governor, Dr. Alvin Hilaire and Executive Chairman of CLICO, Mrs. Claire Gomez-Miller to discuss the exit and its implications.
View the press conference via the Bank’s YouTube channel at https://youtu.be/z6u0Lfn1SyA or Facebook page at https://www.facebook.com/centralbanktt