- 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:
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(1) the amounts of premiums received or contracted for;
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(2) the amounts of premiums received as returned premiums;
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(3) the amounts paid policyholders as returned premiums;
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(4) the amounts paid policyholders as dividends;
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(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
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(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.
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