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

Summary

This is a public statement issued by the British Virgin Islands Financial Services Commission (BVIFSC) concerning Hove Insurance Company Limited, an insurance captive licensee. It is Public Statement No. 2 of 2012 and forms part of the Commission's enforcement actions, published to protect the public interest and the interests of the company's customers and creditors.

• Purpose: To notify the public that Hove Insurance Company Limited is no longer licensed or regulated by the Commission.
• Enforcement status: The company remains subject to outstanding enforcement action (Matter ID ENF0511/070).
• Licence type: Insurance Captive.

The notice is purely informational and warns market participants; it does not itself impose ongoing compliance obligations on other regulated entities.

Applies to

Insurance captive licensees, customers and creditors of Hove Insurance Company Limited