Public Statement - Catal Insurance Company Limited (2012-06-27)

Summary

This is a public statement issued by the British Virgin Islands Financial Services Commission concerning Catal Insurance Company Limited, an insurance captive licensee. The statement was published to protect the public interest and the interests of the company's customers and creditors by making clear that Catal Insurance Company Limited is no longer licensed or regulated by the Commission.

• Reference: Public Statement No. 12 of 2012, Matter ID INS0525/076
• Licence type: Insurance Captive
• Effect: Confirms the company is no longer licensed or regulated by the Commission; does not impose ongoing regulatory requirements on other entities

The notice is purely informational in nature, alerting the public, customers and creditors to the change in the company's regulatory status rather than creating any new compliance obligations for licensees generally.

Applies to

Insurance Captive licensees, customers and creditors of Catal Insurance Company Limited