Jamaica Gleaner, March 3, 2009:
CLICO now under government control

BELIZE CITY, Belize (CMC):

The Belize government has secured a judicial order, placing CLICO (Belize) Limited under the management of the country’s Supervisor of Insurance, Alma Gomez.

In a press statement on the weekend, Gomez said her office had secured the assets of CLICO Belize and assumed full control of the company’s statutory reserves.