Supreme Court of Grenada Approves Payout to Policyholders

On May 12, 2025, the Supreme Court of Grenada issued an order approving the distribution of funds to Grenadian policyholders.

On May 12, 2025, the Supreme Court of Grenada issued an order approving the distribution of funds to Grenadian policyholders.

The properties held for the benefit of Eastern Caribbean policyholders were sold to the Government of Barbados in exchange for Series J Government Bonds. As of May 12, 2023, the court approved the sale of these bonds for BBD 29.6…

As per court report issued March 23, 2023, the Government of Barbados (GOB) agreed to purchase the remaining properties in Barbados on behalf of non-Barbadian policyholders from Eastern Caribbean (EC) Islands, since no funding was secured from these governments for…

Policyholders managed by Deloitte Consulting or its representatives received refunds for premiums paid from December 1, 2014, to February 2020. These refunds were issued between August and October 2020.

Policyholders were advised to continue paying their premiums to maintain coverage until February 29, 2020, when all policies ended.