$40M settlement awarded after Anna Regina fire

Yogindra Arjune (second from right) of NAFICO as he hands over the cheque to a representative from RSI. Raj Singh (second from left) and other RSI employees look on.

A settlement of over $40M has been awarded for the fire that gutted a business, at Anna Regina, Essequibo Coast earlier this year.

North American Fire Insurance Co. Ltd (NAFICO) Fire Manager Yogindra Arjune yesterday handed over the fire claim cheque to a representative from Raj Singh Insurance (RSI) Brokers and Risk Management Consul-tants Inc.

The two-storey wooden and concrete building, which was rented to a Georgetown cambio dealer at the time, was ravaged by fire on the morning of