Public Statement - AMCA Insurance & Reinsurance Company Ltd (2012-06-27)

Summary

This is a public statement issued by the British Virgin Islands Financial Services Commission (Public Statement No. 11 of 2012) concerning AMCA Insurance & Reinsurance Company Ltd, an insurance captive licensee. It notifies the public and the company's customers and creditors that AMCA Insurance & Reinsurance Company Ltd is no longer licensed or regulated by the Commission and that enforcement action against it remains outstanding.

• Purpose: To protect the public interest and the interests of AMCA's customers and creditors by publicising its loss of licence and regulatory status.
• Entity concerned: AMCA Insurance & Reinsurance Company Ltd, licensed as an Insurance Captive (Matter ID: ENF0511/070).
• Status disclosed: The company is no longer licensed or regulated by the Commission, and outstanding enforcement action remains against it.

The statement is informational and does not create ongoing compliance obligations for other regulated entities; it serves as a public warning rather than a rule or requirement.

Applies to

insurance captive licensees