PocketLaw | US Virgin Islands Code | Virgin Islands Insurance Holding

Virgin Islands Insurance Holding Company System Regulation

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Short title

Definitions

Subsidiaries of insurers

Acquisition of control of or merger with domestic insurer

Acquisitions involving insurers not otherwise covered

Registration of insurers

Standards and management of an insurer within an insurance holding company system

Examination

Supervisory colleges

Group-wide supervision of internationally active insurance groups

Confidential treatment

Rules and regulations

Injunctions, prohibitions against voting securities, sequestration of voting securities

Sanctions

Receivership

Recovery

Revocation, suspension, or nonrenewal of insurer’s license

Judicial review

Conflict with other laws

Separability of provisions