Captive Domiciles

  Vermont Flag-SF

Vermont's Governor Officially Signs Captive Statute Changes into Law

Legislation recently signed into law by Vermont Governor Phil Scott will make several changes to Vermont's captive statute, including giving captives more time between mandatory financial examinations.
April 22, 2019 Read More
  Georgia State Flag-SF

The Georgia Captive Insurance Domicile

While Georgia is one of the smaller captive insurance company domiciles in the United States, the state has been one of the fastest-growing domiciles. The total of 49 captives in Georgia at the end of 2018 is more than 5 times its total of 9 captives in 2014. Curious? Learn more today.
April 17, 2019 Read More
  Tennessee 480x377

Tennessee Looks To Revise Its Captive Insurance Company Statute

Legislation approved April 9, 2019, by Tennessee's House Insurance Committee would make several changes to the state's captive insurance company statute.
April 12, 2019 Read More
  Guernsey GMA

Calling All Managing General Agents to Guernsey

Guernsey says its captive insurance, reinsurance, insurance-linked securities, and longevity risk transfer insurance infrastructure provides opportunities for managing general agents, and the captive domicile is moving to develop its managing general agents sector following a recent visit from the UK-based Managing General Agents' Association.
April 11, 2019 Read More
  Connecticut state flag

The Connecticut Captive Insurance Domicile

Are you looking to learn more about Connecticut as a captive insurance domicile? Connecticut is one of the newer and smaller captive domiciles in the United States, with significant growth lying ahead, state captive experts predict. Curious? Learn more today on Captive.com.
April 10, 2019 Read More
  Steve Kinion-Interview

Steve Kinion Discusses Same-Day Conditional Licensing for Captives

In an interview with Captive.com, Steve Kinion, director with the Bureau of Captive and Financial Insurance Products at the Delaware Department of Insurance, discusses recent amendments to the state's captive law allowing same-day conditional licensing for captive insurers.
April 08, 2019 Read More
  Georgia Flag 480x377

Georgia Legislature Authorizes Cell Captive Formation

On April 2, the very last day of its 2019 session, the Georgia Legislature gave final approval to a measure updating the state's captive insurance company statute. The measure, HB 99, authorizes the formation of cell captives.
April 04, 2019 Read More
  North Carolina Flag 480x377

North Carolina Captives Continue on a Growth Curve

North Carolina, one of the largest US captive insurance company domiciles, continues to grow. As of April 1, North Carolina, the fourth-largest US domicile, had 244 captives, up from 232 a year ago, according to statistics released Monday by the North Carolina Department of Insurance.
April 02, 2019 Read More
  Guernsey Flag-SF

Guernsey Announces New ILS Hybrid Vehicle

Guernsey Finance has announced that the domicile now has the world's first hybrid vehicle for use in the insurance-linked securities (ILS) sector. The Guernsey hybrid is a protected or incorporated cell company that is both a licensed insurance company and a regulated investment fund.
April 02, 2019 Read More
  Guernsey Flag-SF

Guernsey Highlights Captive Solution to Pension Scheme Risks

Guernsey provides a captive-based solution as an alternative to full pension buy-in/outs as a means to manage defined benefit pension scheme deficits.
March 08, 2019 Read More
  North Carolina Welcome Sign 2-SF

New Legislation Aims To Increase North Carolina Captive Insurers

Captive insurance companies that redomesticate to North Carolina would be exempt from state premium taxes under recently introduced legislation.
March 05, 2019 Read More
  Plus Minus Seesaw

Redomestications and Home State Moves Benefit Some US Captive Domiciles

While many US states, amid such factors as a continued soft commercial market and merged companies with captives consolidating their captives, saw little, if any, growth in 2018 in the number of captive insurance companies as the closure of captives exceeded newly licensed captives, there were some notable exceptions.
February 25, 2019 Read More
  Bar Chart 480x377

SRS Charts the Total Number of Active Captives for 2018

Strategic Risk Solutions (SRS) compiled and presented charts on the total number of active captive insurance companies and cell captives at its recent webinar, "Captive Insurance Industry Review." The charts include captive counts, by captive domicile, for key US and international domiciles.
February 25, 2019 Read More
  Bermuda Flag-2-SF

Bermuda Captive Insurer Formations Tick Up in 2018

Bermuda licensed 19 new captive insurance companies in 2018, up slightly from 17 in 2017 and 13 in 2016, though the total number of captives in Bermuda continued to fall, domicile officials said Wednesday.
February 14, 2019 Read More
  Vermont Flag-SF

Vermont Bill Would Adjust Captive Financial Examination Requirements

Captive insurance companies in Vermont would automatically be assured of more time between mandatory financial examinations under newly introduced legislation.
February 08, 2019 Read More
  Bermuda Flag 480x377

Growth Continues in Bermuda's Captive Reinsurance Sector

New re/insurance registrations in Bermuda increased from 58 in 2017 to 75 in 2018 according to the Bermuda Monetary Authority. The growth of Bermuda's captive re/insurance sector also continued its momentum.
February 01, 2019 Read More
  Cayman Flag 480x377

Cayman Islands Issues 33 New Captive Licenses in 2018

During 2018, the Cayman Islands issued 33 new captive insurance company licenses, according to numbers released by the Cayman Islands Monetary Authority. The captive domicile remains a leading jurisdiction for healthcare captives, which made up nearly one-third of its captive insurance companies at the end of 2018.
January 29, 2019 Read More
  Delaware Seal 480x377

Delaware Licenses 46 Captive Insurers in 2018

In Delaware in 2018, 46 captive insurers were formed. The state is the fifth largest captive domicile in the world and the third largest in the United States. Its captive insurers generate more than $12.5 billion of annual captive insurance premium.
January 25, 2019 Read More
  Vermont 480x377

First Affiliated Reinsurance Company Formed in Vermont

Less than a year after Vermont passed legislation establishing a new type of captive structure, the state licensed its first affiliated reinsurance company, MAPFRE RE Vermont Corporation.
January 24, 2019 Read More
  Businessman up arrow-SF2

Captive Formations Continue as Soft Market Persists

Even as soft conditions persist in the commercial market, captive insurance company formations are continuing. Get the latest updates on captive formations on Captive.com!
January 23, 2019 Read More