NIB has 1.7bn in reserves to satisfy claims

Fri, Mar 27th 2020, 06:10 PM

THE Director of the National Insurance Board, Dr Nicola Virgil-Rolle, announced on Friday that NIB has about $1.7bn in its reserves to satisfy claims. Dr Virgil-Rolle, speaking on the Darold Miller Live show, said the government has given $10m to NIB for unemployment assistance to self-employed people from the tourism sector who are without work due to COVID-19.

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