Thursday, November 23, 2017

CLICO records a sixth profitable year*

Permanent secretary: Vishnu Dhanpaul


Colonial Life Insurance Company (CLICO) declared an after-tax profit of $447.3 million for the year ended December 31, 2016, which is a 50-per cent decline from the $894.3 million the company declared in 2015, according to the insurer’s financial statement on its website.
The 2016 results were signed by former executive chair Wendy Ho Sing and Jacinta Sohun, head of finance, on June 13, 2017.

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