About: CL Financial

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An Entity of Type : yago:SocialGroup107950920, within Data Space : dbpedia.org associated with source document(s)
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CL Financial was the largest privately held conglomerate in Trinidad and Tobago and one of the largest privately held corporations in the entire Caribbean, before the company encountered a major liquidity crisis and subsequent bailout in 2009. Founded as an insurance company, Colonial Life Insurance Company (CLICO) by Cyril Duprey, it was expanded into a diversified company by his nephew Lawrence Duprey. CL Financial then became one of the largest local conglomerates in the region, encompassing over 65 companies in 32 countries worldwide with total assets exceeding TT$100 billion.

Attributes	Values
rdf:type	Thing company schema:BankOrCreditUnion schema:Organization dul:Agent dul:SocialPerson agent wikidata:Q24229398 Organization Business enterprise yago:WikicatCompaniesOfTrinidadAndTobago yago:Abstraction100002137 yago:Company108058098 yago:Group100031264 yago:Institution108053576 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity bank organisation yago:SocialGroup107950920
rdfs:label	CL Financial (en)
rdfs:comment	CL Financial was the largest privately held conglomerate in Trinidad and Tobago and one of the largest privately held corporations in the entire Caribbean, before the company encountered a major liquidity crisis and subsequent bailout in 2009. Founded as an insurance company, Colonial Life Insurance Company (CLICO) by Cyril Duprey, it was expanded into a diversified company by his nephew Lawrence Duprey. CL Financial then became one of the largest local conglomerates in the region, encompassing over 65 companies in 32 countries worldwide with total assets exceeding TT$100 billion. (en)
foaf:name	C L Financial Limited (en)
name	C L Financial Limited (en)
location	Demographics of Trinidad and Tobago Port of Spain
dcterms:subject	Conglomerate companies of Trinidad and Tobago Financial services companies of Trinidad and Tobago
Wikipage page ID	1994213 (xsd:integer)
Wikipage revision ID	1020058476 (xsd:integer)
Link from a Wikipage to another Wikipage	Caribbean Republic Bank Insurance Jamaica Observer Conglomerate (company) The Daily Nation (Barbados) Corporation Demographics of Trinidad and Tobago Liquidity crisis Cyril Duprey Conglomerate companies of Trinidad and Tobago Financial services companies of Trinidad and Tobago Port of Spain Financial services Global financial crisis of 2008–2009 Trinidad Guardian Trinidad Express
Link from a Wikipage to an external page	http://www.capital-chronicle.com/2009/04/credit-crisis-in-caribbean-cl-financial.html http://www.capital-chronicle.com/2009/02/trouble-in-paradise-cl-financial.html https://web.archive.org/web/20090206044016/http:/ctntworld.com/LocalArticles.aspx%3Fid=8218 https://web.archive.org/web/20090206153131/http:/cananews.net/news/131/ARTICLE/34027/2009-02-02.html https://web.archive.org/web/20090206164309/http:/ctntworld.com/LocalArticles.aspx%3Fid=8490 https://web.archive.org/web/20090226144302/http:/www.caribbeannetnews.com/news-13985--17-17--.html https://web.archive.org/web/20090416054554/http:/caribbeannetnews.com/news-14784--14-14--.html https://web.archive.org/web/20110526023208/http:/www.nationnews.com/story/328896541458837.php https://web.archive.org/web/20110526023224/http:/www.nationnews.com/story/52596928572298.php https://web.archive.org/web/20120222072016/http:/www.nationnews.com/story/327958608822988.php
sameAs	CL Financial CL Financial CL Financial CL Financial CL Financial
dbp:wikiPageUsesTemplate	dbt:Infobox_company dbt:More_citations_needed dbt:More_footnotes dbt:Multiple_issues dbt:Reflist dbt:2008_economic_crisis dbt:TTSE
foundation	1993 (xsd:integer)
industry	Insurance Financial services
key people	Lawrence Duprey, Chairman & CEO (en)
location	41 (xsd:integer) Demographics of Trinidad and Tobago Port of Spain
products	Insurance
has abstract	CL Financial was the largest privately held conglomerate in Trinidad and Tobago and one of the largest privately held corporations in the entire Caribbean, before the company encountered a major liquidity crisis and subsequent bailout in 2009. Founded as an insurance company, Colonial Life Insurance Company (CLICO) by Cyril Duprey, it was expanded into a diversified company by his nephew Lawrence Duprey. CL Financial then became one of the largest local conglomerates in the region, encompassing over 65 companies in 32 countries worldwide with total assets exceeding TT$100 billion. However, CL Financial experienced a liquidity crisis that resulted in a "bail out" agreement by which the government of Trinidad and Tobago loaned the company funds ($7.3 billion as of December 2010) to maintain its ability to operate, and obtained a majority of seats on the company's board of directors. As of late 2010, the company remained in a tenuous position amid tense negotiations with the government, and as of February 2011, the company's web site (www.clfinancial.com) was no longer functioning. CL Financial started out as a holding company for Colonial Life Insurance Company (Trinidad) Limited (Clico) in 1993. (en)
prov:wasDerivedFrom	wikipedia-en:CL_Financial?oldid=1020058476&ns=0
page length (characters) of wiki page	15928 (xsd:nonNegativeInteger)
founding year	1993-01-01 (xsd:gYear)
industry	Insurance
product	Insurance
foaf:isPrimaryTopicOf	wikipedia-en:CL_Financial
is Link from a Wikipage to another Wikipage of	Canadian Imperial Bank of Commerce Proximo Spirits San Juan Jabloteh F.C. List of Trinidad and Tobago–related topics List of companies of Trinidad and Tobago House of Angostura Republic Bank Stuart Young (politician) Cyril Duprey British American Investment Company (Mauritius) Tobermory distillery Black Bottle 2015–16 TT Pro League Tobermory Single Malt

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