WILLEMSTAD - Insurer Ennia must finalize a development strategy, and a thorough assessment of the company's long-term viability must be conducted. This was stated in the latest report by the International Monetary Fund (IMF).
According to the IMF, this is of great importance. Potential solutions for the insurer could include recapitalization or a Financial Stability Fund.
The IMF report indicates that local authorities are aware that the prospects are uncertain and dependent on discussions with the Netherlands regarding refinancing.
The situation for Ennia has been uncertain for some time: either they face bankruptcy or undergo a restart.