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ANTIGUA and Barbuda Prime Minister Gaston Browne hopes to meet Prime Minister Kamla Persad-Bissessar to discuss compensation owed to former Colonial Life Insurance Company (Clico) and British American Insurance Company (Baico) policyholders across the region, reported Antigua News on December 2.

Clico, a local financial giant that had diversified into energy, beverages and construction, suffered major liquidity problems in 2009 in wake of the global crash of 2008 and was taken over by the government which gave bailouts to TT investors.

Antigua News reported Browne saying the issue remains a major concern for hundreds of affected residents in Antigua and Barbuda and thousands more throughout the Eastern Caribbean who lost investments after the the collapse of Clico and Baico over a decade ago.