PocketLaw | US Virgin Islands Code | Insuring Powers of Domestic

Insuring Powers of Domestic Companies

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Kinds of insurance; capital and surplus requirements

Life insurance defined

Disability insurance defined

Property insurance defined

Marine and transportation insurance defined

Vehicle insurance defined

General casualty insurance defined

Surety insurance defined

Bail bond insurance defined

Title insurance defined

Authority to transact additional kinds of insurance

Capital, surplus required for additional insuring powers

Reinsurance powers

Limitation of single risk

Use of surplus by domestic stock insurers

Capital funds of foreign and alien insurers