A Suri­name-based in­sur­ance com­pa­ny has made an of­fer to ac­quire 100 per cent of Gulf In­sur­ance Lim­it­ed, the gen­er­al in­sur­ance com­pa­ny that is based in Trinidad, but op­er­ates through­out the re­gion.

An in­ter­nal mem­o­ran­dum sent to staff and agents of Gulf In­sur­ance yes­ter­day in­di­cat­ed that the of­fer from As­suria NV of Suri­name had been ac­cept­ed by the trustee and bond­hold­ers of the lo­cal com­pa­ny. The memo was re­leased by John Gon­za­les, Gulf In­sur­ance's CEO.

As­suria NV which is the largest in­sur­ance com­pa­ny in Suri­name is now in the process of get­ting ap­proval from the Cen­tral Bank of Trinidad & To­ba­go and from the Cen­tral Bank of Suri­name.

Through its op­er­at­ing com­pa­nies, As­suria of­fers life and gen­er­al in­sur­ances, in­clud­ing term, en­dow­ments and pen­sion in­sur­ances (an­nu­ities), mo­tor, prop­er­ty, li­a­bil­i­ty, trav­el and health in­sur­ances and is a large in­sti­tu­tion­al in­vestor with sub­stan­tial in­ter­est in a num­ber of lead­ing com­pa­nies in Suri­name.