Life Insurance License Revoke

The Insurance Commissioner wishes to advise the public that the insurance license of the above-named
company is now cancelled, which is in accordance with section 71 of the Insurance Act 2007 and at the
completion of the six months period (i.e. from 22/01/2020 – 21/07/2020) allowed to settle any
outstanding matters pertaining to Sterling Investors Life Insurance.
As such, the Office of the Insurance Commissioner/Central Bank of Samoa (the “Bank”) no longer
accepts any requests for reimbursement of unclaimed funds from the said insurer.
Should you require further information on this matter, please contact the Supervision Department of
the Bank on phone numbers 34132/34133.

 

(Maiava Atalina Ainuu-Enari)
GOVERNOR AND COMMISSIONER OF INSURANCE

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