ICBL’s Investment Diluted, Risks Mount | Barbados News

ICBL’s stake in AmeriTrust got diluted when the Canadian company issued more shares, shrinking ICBL’s ownership slice — even though they didn’t sell anything. Economist Jeremy Stephen explains this reduces the value of ICBL’s investment, potentially weakening its ability to pay policyholders through dividends. With ownership now below 10%, ICBL also dodges public reporting requirements, making future moves less transparent. Meanwhile, ICBL has halted new individual life and health policies — a move that, while unexplained by leadership, adds urgency to watching how this overseas financial shift impacts Barbadians’ insurance security. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bcbc99d363aa70d4