Public Statement No. 1 of 2015

11 February, 2015

PUBLIC STATEMENT

SALVO INSURANCE COMPANY LIMITED

Tortola, British Virgin Islands – 11 February, 2015 – The British Virgin Islands Financial Services Commission (the “FSC”) considers it necessary to issue this public statement in order to protect the public interest, and the interests of any of the customers and creditors of Salvo Insurance Company Limited (the “Company”), and to make the general public aware that the Company is no longer licensed and/or regulated by the FSC.  

The details are: