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Supervision - List of financial institutions under supervision of the Bank as of  April 15, 2010

1.  Credit institutions that have been granted authorization pursuant to section 4 of  the state ordinance on the supervision of the credit system (AB 1998 No. 16)

Commercial banks
Aruba Bank N.V.
Banco di Caribe (Aruba) N.V.
Caribbean Mercantile Bank N.V.
RBTT Bank Aruba N.V.

Offshore banks
Citibank Aruba N.V.
BBA Bank N.V.

Mortgage banks
Fundacion Cas pa Comunidad Arubano

Credit unions
Cooperatieve Spaar- en Kredietvereniging Douane Aruba
Cooperativa di Ahorro y Prestamo Aruba (CAPA)

Other financial institutions
AIB Bank N.V.
Island Finance Aruba N.V.

2. Life and general (non-life)  insurance companies under supervision of the CBA  in pursuance of the state ordinance supervision insurance business (AB 2000 No. 82)

  1. British American Insurance Company (Aruba) N.V. 1)
  2. Ennia Caribe Leven (Aruba) N.V.
  3. Fatum Life Aruba N.V.
  4. Sagicor Life Aruba N.V. 1)
  5. American Bankers Life Assurance Company of Florida Limited, Agency
  6. American Life Insurance Company, Aruba Branch 1)
  7. Guardian Life of the Caribbean Limited, Aruba Branch

Non-life (general) insurance companies operating in Aruba

Company name

Accident & health 

Motor Vehicle

Maritime, transport & aviation 

Fire & other property 

Other indemnity 
1. Elvira Verzekeringen N.V.

 

X
2. Ennia Caribe Schade (Aruba) N.V.

X

X

X

X

X 
3. Fatum General Insurance Aruba N.V.

X

X

X

X

X 
4. Nagico Aruba N.V.

X 

X 

X 

X 

X
5. Netherlands Antilles & Aruba Assurance  Company (NA&A) N.V.

X 

X

X

X

X 
6. New Treston Insurance Company N.V.

X 

X

X 

X 

X
7. United Insurance Company N.V. 

X

X 

X

X

X 
8. Bupa Insurance Company; Agency 

X 

 

 

9. American Home Assurance Co. Ltd., Agency 

X 

X 

X

X

X
10. The New India Assurance Co. Ltd., Aruba branch 

X

X

X

X

X
11. Atradius Credit Insurance N.V., Aruba branch

 

 

 

 

X
12. Royal & Sun Alliance Insurance (Antilles) N.V., Aruba Branch

X

X

X

X

X

13. Stichting Fondo Nacional di Garantia pa Vivienda

 

 

 

 

X

 

  

 

 

 

 


Captive insurance companies

  1. Bancarib Real Insurance Aruba N.V.
  2. Fides Rae Insurance Company N.V.
  3. MCB Risk Insurance N.V.
  4. Mondis Manufacturers Insurance Company N.V.

3.  Company pension funds that have been granted authorization in pursuance of the state ordinance on the supervision of company pension funds (AB 1998 GT 17)

  1. Lago Annuity Foundation
  2. Stichting Bedrijfspensioenfonds Aruba
  3. Stichting Pensioenfonds Havenwerkers Aruba
  4. Stichting Pensioenfonds Martijn Trading Company N.V. 2)
  5. Stichting Pensioenfonds META Bedrijven Aruba
  6. Stichting Pensioenfonds Tourist Sector Aruba
  7. Stichting Fondo di Pensioen di Trahadornan di Empresanan y Fundacionnan Publico
  8. Stichting Pensioenfonds RBTT Bank Aruba I
  9. Stichting Pensioenfonds RBTT Bank Aruba II
  10. Stichting Pensioenfonds Caribbean Mercantile Bank
  11. Stichting Pensioenfonds, N.V. Aruba Bank 2)

4.  Money Transfer Companies that have been granted authorization in pursuance of the state ordinance on the supervision of the money transfer companies (AB 2003 No. 60)

  1. Union Caribe N.V.
  2. G.F.P. International N.V.
  3. Global Access Corporation N.V.
  4. Post Aruba N.V.

 

5.  Money Transfer Companies that have been granted exemption in pursuance of the state ordinance on the supervision of the money transfer companies (AB 2003 No. 60)

  1. MoneyGram International Inc.
  2. Western Union Financial Services International, Inc.

 

6.  Trust Service Providers under supervision of the CBA in pursuance of the state ordinance supervision of trust service providers (AB 2009 No. 13)  

  1. AMTR N.V.  whether or not through AMTR Management N.V.
  2. ANT Management (Aruba) N.V.
  3. Aruba International Trust Company N.V. whether or not through Aruba Management Company N.V., Aruba Corporate Services N.V., Trust Company of Oranjestad N.V.
  4. Arulex Trust Services N.V.
  5. Ascor Trust (Aruba) N.V.
  6. ATC Trustees (Aruba) N.V.
  7. C.M.S. Corporate Management Services N.V.
  8. C.T.F. (Aruba) N.V.
  9. Euro Trust International N.V.
  10. IMC International Management & Trust Company N.V. whether or not through IMC Management Services (Aruba) N.V., IMC Management Company (Aruba) N.V., Oyens Aruba Management Corporation N.V., ATS Management N.V. (ATS), IMC Corporate Services (Aruba) N.V.
  11. Nazca Services N.V.
  12. Orangefield Trust (Aruba) N.V.
  13. United Trust Management (Aruba) UTM N.V.
  14. Van Lanschot Aruba Management Company N.V.

 

____

1) Pursuant to Section IX of the Implementation Ordinance on the State Ordinance on the Supervision of the Insurance Business (ISOSIB) (AB 2001, no. 91) subject insurance companies are also allowed to conduct the non-life insurance business in the indemnity group "accident and health insurance".

2) In liquidation