Insurance claims settled for huge 2016 Gafoors fires

Part of the ruins after the second fire

Following two fires that devastated the Gafoors Group of Companies branch at Houston, East Bank Demerara on May 9 and October 10, 2016, the company has received what was described as a “sizable” insurance settlement but it has not disclosed the quantum in what was expected to be a payout of billions.

For months after the fires,