BAICO: Letter for Third Year Anniversary Report

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February 1st, 2024  

Dear BAICO Pension Plan Member:  

Re: British-American Insurance Company (“BAICO”) Employee Pension Plan  

In compliance with the Appointment Order of the BAICO-Judicial Trustee (also referred to as  “BAICO-JT”), clause 5(m), I am providing you with a progress report titled “Third Year  Anniversary Report” (hereinafter referred to as the 3rd Report). Follow the link  https://trinityconsultingservice.com/baico/baico-third-anniversary-report/ for a copy of the 3rd  Report.  

The 3rd Report was submitted to the attorney of the BAICO-JT on November 20th, 2023 and instructions were given for it to be filed with the Supreme Court of the Commonwealth of The  Bahamas (the Court). However, due to various reasons, as noted in the attorney’s affidavit to the  Court, the attorney filed the 3rd Report with the Court on January 30th, 2024.  

Background Information  

Pursuant to an Appointment Order, effective September 23rd, 2020, I, Judith G. Veira of London  Road, Cane Garden, St. Vincent & the Grenadines, have been appointed by the Supreme Court of The Commonwealth of The Bahamas (“the Court”) as the Judicial Trustee (“JT”) of the assets of BAICO’s Employee Pension Plan (“the Pension Plan”). The assets of the Pension Plan shall be referred to as “the Pension Trust Assets”.  

Public Notice of the Appointment of the BAICO-JT was published in one of your local newspapers during the period Nov 9th to Nov 20th, 2020.  

Role of the Judicial Trustee  

Among the duties of the Judicial Trustee, the primary duty is to ascertain, collect, administer,  and realise the Pension Trust Assets as soon as reasonably practicable between the Pension Plan  Members in accordance with their individual entitlements.  

All persons having a claim against the Pension Trust Assets are directed to  www.trinityconsultingservice.com for information and updates on the status of the distribution of these assets to eligible Pension Plan Members or to eligible beneficiaries. Documents will be added to the website as and when there are developments and further information to be provided.

Previous Communication  

Pension Plan Members can refer to the Pension Website  

https://trinityconsultingservice.com/baico/ for prior letters to Plan Members.  

Current Contact Information  

Plan Members who have not yet submitted their contact information, the BAICO-JT is requesting that such persons send an email to [email protected] with subject heading “Current Contact Information”, and a message with your legal name (include maiden and/or other names, if applicable), mailing address and jurisdiction.  

You can ignore this request if you have already submitted your contact information.  

All correspondence should be addressed to:  
Judith G. Veira  
Judicial Trustee for BAICO’s Pension Trust Assets  

Postal Address:
P.O. Box 131 
Kingstown, St. Vincent, VC 0100
E-Mail: [email protected]
Tel: 784 493 8100  

Address: 
London Road, Cane Garden
Kingstown, St. Vincent, VC 0130 

Sincerely,  

Judith Veira, FSA, C. Dir.  

Judicial Trustee for BAICO Pension Plan Assets