Caribbean hotels insurer goes into run-off

By David Marchant

27 years ago

Topics

Bermuda British Virgin Islands Cayman Islands Dominica Grenada Insurance Jamaica Montserrat Netherlands Antilles St. Kitts & Nevis St. Lucia St. Vincent & the Grenadines Trinidad & Tobago Turks & Caicos Islands U.S. Virgin Islands

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John Bell Peter Rackley The Caribbean Hotel Association Insurance Company Ltd.

The Caribbean Hotel Association Insurance Company Ltd., which hit financial trouble soon after it started, has stopped writing new business after just two and a half years in business. The news comes after many member countries of the Caribbean Hotel Association, for whom the company was specifically set up to insure, failed to put their money where their mouths were and buy insurance from CHAIC.

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