The Modern World.

Mondaq Business BriefingNbr. 2011, January 2011

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The Modern World.

A new Insurance Act has created a modern corporate governance landscape for BVI captives

The British Virgin Islands (BVI) has for some time been among the top five offshore jurisdictions in the world for the domiciliation of captive insurance vehicles. The regulation of captives, and other insurers domiciled in the BVI, underwent a major revamp in February 2010 with the introduction of a new Insurance Act, and accompanying regulations. A new Regula...

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