Policyholders of CLICO International Life Insurance Ltd are hereby advised that, further to the mandate of the High Court of Grenada, the judicial management team has been diligently executing on the Distribution Plan.
Letters and supporting appendices were sent to the first 2 categories of policyholders, totalling 2,354, with a proposed distribution sum of up to $2.05 million, through the post and through e-mails. Letters and supporting appendices will also be sent to the final category of policyholders by 20 October 2025.
The first category comprises policyholders with claims between EC$50 and $1,000. The second category comprises policyholders with claims in excess of EC$1,000 but less than EC$15,576, and the final category comprises policyholders with claims in excess of EC$15,576.
Additionally, the Judicial Manager has launched a website to provide updates on the progress with respect to judicial matters. For the most accurate and current information regarding your policy, including claims, payments, and other services, please visit the official CLICO website:
- Main website and general information: https://clicolife.com
- Grenada-specific information: https://clicolife.com/grenada
If you were an active policyholder or claimant as of 30 November 2014 and have not received your personalised letter by 31 October 2025, you must contact the Judicial Manager’s representatives to confirm or update your policy information. You may reach them as follows:
- Hotline: (473) 404-2632 or (473) 405-4950
- WhatsApp: +1 (246) 820-8611
- Email: [email protected]
GARFIN, as the Supervisor of Insurance, continues to be in close communication with the judicial management team for Grenada to ensure a smooth process and urges policyholders to review the correspondences received and respond, as necessary, in a timely manner. Further, GARFIN continues to ensure that all insurance companies meet the minimum statutory solvency requirements, hold adequate acceptable assets in the insurance fund, secure reinsurance coverage with reputable reinsurers, exhibit proper market conduct and operate with sound risk management practices.
Denis Felix
Executive Director
Grenada Authority for the Regulations of Financial Institutions (GARFIN)
