LaRoda: NIB is in disinvestment mode

Thu, Jul 14th 2022, 08:55 AM

Despite the recommendation in the National Insurance Board's (NIB) latest actuarial review for the board to diversify its investments, it will not at this time because it is currently in disinvesting mode to meet expenditure obligations, Minister of State in the Office of the Prime Minister Myles LaRoda said yesterday. NIB's eleventh actuarial valuation as of December 31, 2018 urged ...
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