The Central Bank of Curaçao and Sint Maarten issued a statement addressing media reports about the financial position of the shareholder of Guardian Group Fatum, clarifying that the locally operating insurers Fatum General Insurance N.V., Fatum Health N.V. and Fatum Life N.V. currently meet prudential requirements. The central bank emphasised that these insurers are separately supervised, independent local legal entities with segregated operations and financial resources, meaning the shareholder’s financial position does not directly affect their soundness or day-to-day operations. It will continue to monitor developments and take action if necessary.
Central Bank of Sint Maarten & Curacao 2025-07-25
Central Bank of Curaçao and Sint Maarten clarifies that Guardian Group Fatum insurers meet prudential requirements and are insulated from shareholder financial position
The Central Bank of Curaçao and Sint Maarten clarified that Fatum General Insurance N.V., Fatum Health N.V., and Fatum Life N.V. meet prudential requirements despite concerns about their shareholder's financial position. These insurers operate as independent entities with separate supervision and resources. The central bank will continue to monitor the situation and intervene if needed.