Public Statement No. 4 of 2012 - Vessia Insurance Company Limited (2012-06-27)

Summary

This is a public statement issued by the British Virgin Islands Financial Services Commission to alert the public, customers and creditors that Vessia Insurance Company Limited is no longer licensed or regulated by the Commission. The statement notes that enforcement action against the company remains outstanding.

• Entity: Vessia Insurance Company Limited
• Licence type: Insurance Captive
• Matter reference: ENF0511/070
• Purpose: To protect the public interest and the interests of customers and creditors by making clear the company's licence status and outstanding enforcement action

The statement is purely informational and does not impose any ongoing filing or compliance obligations on regulated entities generally; it serves as a warning notice regarding a single named, now-unlicensed insurance captive.