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§ 602 — 602 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

602

U.S. Virgin Islands § 602 — U.S. Virgin Islands law

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Each insurer now and hereafter doing business in the Virgin Islands must file with the Commissioner on or before March 1st in each year a statement of all insurance business written or contracted for, by the insurer making such statement, in the Virgin Islands during the year ending December 31st next preceding, setting forth:\n(1) the amounts of premiums received or contracted for;\n(2) the amounts of premiums received as returned premiums;\n(3) the amounts paid policyholders as returned premiums;\n(4) the amounts paid policyholders as dividends;\n(5) the amounts of insurance reinsured in companies, naming them, not authorized to do business in the Virgin Islands and the amount of premiums paid therefor; and\n(6) the amount of reinsurance accepted from admitted companies and the premiums received for such reinsurance on risks located in the Virgin Islands, with the names of the companies so reinsuring.