Confidentiality

  1. Law
  2. US Virgin Islands Code
  3. Insurance
  4. Virgin Islands International Insurers Act
  5. Virgin Islands International Insurers Act
  6. Confidentiality

Checkout our iOS App for a better way to browser and research.

  • No proprietary information furnished to the SAM by any applicant or licensed International Insurance Company, any International Insurer Support Business, or any auditor, actuary, agent, broker, or other duly authorized representative acting on behalf of any applicant, licensed International Insurance Company, or International Insurer Support Business, shall be disclosed by the SAM to any party, except as follows:

    • (a) to any branch of the Virgin Islands Government in lawful furtherance of the requirements of this Chapter;

    • (b) to the United States Internal Revenue Service or the Virgin Islands Bureau of Internal Revenue pursuant to the laws of either jurisdiction; or

    • (c) to any person pursuant to a lawful order entered by a court of the Virgin Islands or the United States, directing the SAM to disclose specified information to the requesting party.

  • Notwithstanding any of the foregoing, the SAM, in his discretion, shall be permitted to confirm to any party the existence, registered name, identities of registered owners and identities of registered managers, auditors, actuaries and legal counsel of any licensed International Insurance Company.


Download our app to see the most-to-date content.