U.S. Virgin Islands announces new law amendments to spur increase in captive insurance operations

July 1994
International Insurance Monitor;1994 4th Quarter, Vol. 48 Issue 4, p4
Trade Publication
Reports on the announcement made by the Division of Banking and Insurance on September 22, 1993 on the passage of amendments to the Exempt Companies Act to spur an increase in captive insurance company incorporations in the United States Virgin Islands from American and foreign companies. Terms of the bill; Advantages offered by captive formation for the territory; ERISA considerations.


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