List of insurance Companies in Antigua and Barbuda – World Insurance Companies Logos. By clicking on the logo of each insurer in Antigua and Barbuda can obtain a set of update information that each insurer is offered by the Internet.
Insurance Companies Logos in Antigua and Barbuda
Insurance Companies Logos in Antigua and Barbuda. Click on each logo for a lot of vital information to select the best insurance provider.
International Insurance Licensing Procedure
The incorporation of an international assurance business in Antigua can be achieved in as little as six weeks and involves the following: 1. The applicant must submit an application in the prescribed form, along with the Articles of Incorporation or Articles of Continuance, the Memorandum of Association, and a non-refundable annual fee of US$10,000 plus an annual registration fee of US$300. All documents are required in triplicate.
2. The minimum paid-up capital for setting up an international assurance company is US$250,000
3. In order for approval to be granted, the Commission must conduct a due diligence search on the proposed director(s). The cost of the due diligence, which may vary depending on the extent of the search, is borne by the applicant and must be paid in advance. The Commission may also carry out such investigations and inquiries of the applicant corporation, its directors and officers or proposed directors and officers, its financial circumstances, and its affiliates or associates, as it deems necessary.
4. The law requires that the Commission must issue or refuse a license within three months of the receipt of an application. If additional information is required, then within fourteen (14) days of its receipt, the Commission must render a decision. The Commission may attach such terms and conditions to the license is necessary in the public interest. The Commission may revoke the license if a licensee does not commence the international insurance business within six months of the issuance of the license.
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List of Insurance Companies in Antigua and Barbuda – World Insurance Companies Logos