Public Statement - Patriarch Insurance Company Limited (2014-05-11)

Summary

This is a public statement issued by the BVI Financial Services Commission concerning Patriarch Insurance Company Limited. It notifies the public and industry that the Company's insurance licence has been revoked and that it is no longer licensed or regulated by the FSC.

• Purpose: To protect the public interest and the interests of customers and creditors of Patriarch Insurance Company Limited.
• Key fact: Patriarch Insurance Company Limited's licence has been revoked and it is no longer licensed or regulated by the FSC.
• Reference: Public Statement No. 4 of 2014; Matter ID BF101113/227.

The statement is informational in nature, alerting the public and potential customers or creditors of the revocation rather than imposing ongoing compliance obligations on regulated entities generally.

Applies to

insurance companies, Patriarch Insurance Company Limited