Certified Reinsurer (002)
To obtain a copy of Act 8074, please click on: https://ltg.gov.vi/wp- content/uploads/2019/02/8074.pdf CERTIFIED REINSURER NOTICES Notice of Application Pursuant to Virgin Islands Insurance Code section 1443 and section 1443-5(b)(1) of the Rules and Regulations, the Virgin Islands Insurance Commissioner invites members of the public to respond to Certified Reinsurer Applications submitted to the Virgin Islands Department of Insurance. Interested and affected parties will have 30 days from the date notice is posted to submit written comments and responses to the certified reinsurer applications listed below. Please click on a reinsurer’s name to determine when the notice was posted. The Commissioner will not take final action on an application until at least 30 days after notice was posted. Current Certified Reinsurers Pursuant to Virgin Islands Insurance Code section 1443 and section 1443-5(d) of the Rules and regulations, the Virgin Islands Insurance Commissioner is required to publish a list of all certified reinsurers and their ratings. …
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To obtain a copy of Act 8074, please click on: https://ltg.gov.vi/wp- content/uploads/2019/02/8074.pdf CERTIFIED REINSURER NOTICES Notice of Application Pursuant to Virgin Islands Insurance Code section 1443 and section 1443-5(b)(1) of the Rules and Regulations, the Virgin Islands Insurance Commissioner invites members of the public to respond to Certified Reinsurer Applications submitted to the Virgin Islands Department of Insurance. Interested and affected parties will have 30 days from the date notice is posted to submit written comments and responses to the certified reinsurer applications listed below. Please click on a reinsurer’s name to determine when the notice was posted. The Commissioner will not take final action on an application until at least 30 days after notice was posted. Current Certified Reinsurers Pursuant to Virgin Islands Insurance Code section 1443 and section 1443-5(d) of the Rules and regulations, the Virgin Islands Insurance Commissioner is required to publish a list of all certified reinsurers and their ratings. CRIN Certified Reinsurer Jurisdict ion Effective date of Initial Certification Effective date of Renewal Certification Financial Strength Rating Lines of Business CR- 3194126 Arch Reinsurance Ltd. Bermuda May 28, 2021- December 31, 2021 Secure -3 (20%) Life, accident/health, property/casualty CR- 3191250 Watford Re Ltd. Bermuda May 28, 2021- December 31, 2021 Secure-4 (50%) property/casualty