(ADVERTORIAL)
Oranjestad, Aruba – September 30, 2026 – NAGICO Insurances is aware of recent media reports published on September 29 regarding a court case involving the company and would like to provide clarification to its customers, business partners, and the wider community.
The matter referenced in the reports relates to historical circumstances and proceedings concerning the company under previous management. The legal proceedings have been ongoing for a considerable period of time, and certain aspects of the original ruling were subsequently challenged through the appropriate legal channels.
NAGICO respects the judicial process and the decisions of the courts. The company has cooperated with the relevant authorities throughout the proceedings and continues to address the matter through the appropriate legal and regulatory channels.
It is important to emphasize that the matter relates to historical circumstances and does not affect NAGICO’s current operations or its ability to serve its customers.
NAGICO remains committed to conducting its business in accordance with applicable laws, regulations, sound business practices, and the highest standards of corporate governance.
The company continues to operate normally and remains focused on its commitment to providing reliable insurance solutions and quality service to its customers across the region.
NAGICO appreciates the continued trust and confidence of its customers, partners, employees, and other stakeholders.
About NAGICO GroupFounded in 1982, The NAGICO Group provides a variety of property and casualty as well as life and health products and risk solutions to its customers throughout the Caribbean. The company’s risk adjusted capital is at the very strong level as per AM Best’s Capital Adequacy Rating Guidelines. Headquartered in Philipsburg, Sint Maarten, the company is one of the strongest insurers in the region. To learn more about NAGICO, visit www.nagico.com