Bridgetown.
Deloitte Consulting Limited, the judical managers of CLICO International Life, filed additional information to their restructuring of the company in the High Court yesterday.
Oliver Jordan and Patrick Toppin of Deloitte Consulting Limited were appointed judicial managers of CLICO International Life Insurance Limited parent company in Barbados last April 14.
On July 28, the judical manager filed their final report to the court which contained their findings on the company's operations as well as recommendation for restructuring the insurance company.
A spokeman for the company told Trackker News today, that the court had not yet adjudicated the last report that was filed.
The judicial manager's interim report stated that the accounts provided by CLICO as at April 13 showed assets that total $802 million.
This sum was compose of mainly of money due from related companies and investment in subsidiaries and associated companies.
However, at the the filling of the intern report , they had only been able to access and review documentation to support $446 million of the reported assets.
