Policyholders of CLICO International Life Insurance Ltd are being informed of significant developments in the execution of the Distribution Plan, as mandated by the High Court of Grenada. The judicial management team has initiated the distribution process, with letters and supporting documents dispatched to the first two categories of policyholders, totaling 2,354 individuals. These communications, sent via post and email, outline proposed distributions amounting to up to $2.05 million. The final category of policyholders is expected to receive their letters by October 20, 2025. The first category includes claims ranging from EC$50 to $1,000, while the second category covers claims exceeding EC$1,000 but below EC$15,576. The final category encompasses claims surpassing EC$15,576. To enhance transparency, the Judicial Manager has launched a dedicated website for updates on judicial matters. Policyholders are encouraged to visit the official CLICO website for the latest information on claims, payments, and services. Active policyholders or claimants as of November 30, 2014, who have not received their personalized letters by October 31, 2025, are urged to contact the Judicial Manager’s representatives to confirm or update their policy details. Contact options include a hotline, WhatsApp, and email. The Grenada Authority for the Regulation of Financial Institutions (GARFIN) remains actively engaged with the judicial management team to ensure a seamless process. GARFIN emphasizes the importance of timely responses from policyholders and continues to enforce stringent regulatory standards, including solvency requirements, asset adequacy, reinsurance coverage, and sound risk management practices. Denis Felix, Executive Director of GARFIN, reaffirms the institution’s commitment to safeguarding policyholders’ interests and maintaining the integrity of the insurance sector.