The Truth.

From ColinaImperial Insurance Ltd.
Over the past few weeks you might have heard rumours or read reports that have called into question the financial strength or operations of ColinaImperial. However, we wish to assure you that these reports are bogus and the falsehoods can easily be disproved. This website will separate truth from fiction and will renew your confidence in the strength of this company, our position in the marketplace and our ability to meet our customers’ needs now and in the years to come.
September 16, 2008

THE DECEPTION: Client pension funds will go bust under management by ColinaImperial.

Author: ColinaImperial - Categories: Affiliated Companies, Financial Strength, Management, Operations

THE TRUTH: Absolutely not. ColinaImperial does not manage pension portfolios.

Despite some reports comparing us to a notorious US pension bankruptcy scandal, we do not manage pension portfolios but have a legal contractual agreement with leading investment and financial analysis firm, CFAL. Like other investment companies, CFAL counsels clients in private banking, investment management, and pension administration. CFAL segregates clients’ assets from its own so that there is no intermingling of funds. Visit www.cfal.com

THE DECEPTION: The Guardian and Tribune don’t publish the truth about ColinaImperial because they are both owned by ColinaImperial.

Author: ColinaImperial - Categories: Affiliated Companies, Management, Operations

THE TRUTH: Absolutely not. Our code of ethics and our professional staff would never allow it.

The principals of ColinaImperial are major shareholders in The Nassau Guardian; however, journalistic integrity prescribes that private entities do not dictate the reporting or non-reporting of news in the national interest. We can’t “stop the press” because it doesn’t suit us. Our code of ethics and our professional staff would never allow it.

Although affiliated, The Nassau Guardian is a separate and distinct entity from Colina Holdings Bahamas Ltd. with completely independent management and operations. The extent of The Nassau Guardian’s affiliation with The Tribune is a Joint Operating Agreement that allows the companies to pool resources and build purchasing power in order to realize certain savings. Both papers need paper and ink so they put their heads together to secure the best price. This keeps operation costs down and keeps the newspaper purchase price down. The editorial departments of these two media houses are separate and distinct.