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Insurance Companies
arrow.gif (863 bytes) Crown Eagle Life Insurance
arrow.gif (863 bytes) Dyoll Life Insurance Co.
arrow.gif (863 bytes) Island Life Insurance Co.
arrow.gif (863 bytes) Life Of Jamaica
arrow.gif (863 bytes) Mutual Life Assurance
    

Banks & Building Societies
arrow.gif (863 bytes) Billy Craig Finance &
     Merchant Bank
arrow.gif (863 bytes) Caldon Finance Merchant Bank
arrow.gif (863 bytes) Citizens Bank
arrow.gif (863 bytes) Eagle Merchant Bank
arrow.gif (863 bytes) Fidelity Finance Merchant Bank
arrow.gif (863 bytes) National Commercial Bank
arrow.gif (863 bytes) Workers Savings & Loans


FINSAC Interventions

Company: Crown Eagle Life Insurance Company
Intervention Date: November 1, 1997
Extent Of Support $14.4 billion

The details of assistance and support to this financial institution are listed in the table below:

Type Of Assistance Summary

  • Company is 81% owned by FINSAC.

  • Loans for liquidity and solvency support.

  • The loans bear interest of 12.5%

  • There is no scheduled repayment of the principal amount

  • FINSAC Appointed Directors: Patrick Hylton, Wilberne Persaud, Dennis Boothe

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