Hawaii Captive Domicile Summary

Hawaii State Seal-SF

Hawaii has the distinction of being both one of the oldest and largest captive domiciles in the United States.

In 1986, Hawaii lawmakers passed legislation authorizing the formation of captive insurance companies in the state. Growth in the number of captives since then has been near continuous. Indeed, since 2013, the number of Hawaii captives has increased 25 percent, rising to 201 at the end of 2018, up from 184 in 2013.

The increase in Hawaii captives, though, is far overshadowed by their huge premium growth. In 2017, for example, Hawaii captives generated $7.35 billion in premiums, a more than 250 percent increase compared to 2013.

 

Captive Domicile Statistics


Total Captive Count*
Hawaii
Year Captives
2018 231
2017 230
2016 208
2015 197
2014 194
*Includes active and inactive captives and excludes cell captives.
Captives' Gross Written Premiums
Hawaii
Year Gross Premium
2018  $10.0 billion
2017 $7.35 billion
2016 $6.23 billion
2015 $4.36 billion
2014 $5.22 billion
2013 $2.86 billion

Captive Domicile Contacts


For more information, contact
Andrew Kurata
Deputy Commissioner and Captive Insurance Administrator
State of Hawaii
Department of Commerce & Commerce Affairs
Insurance Division—Captive Insurance Branch
335 Merchant Street, Room 213
Honolulu, Hawaii 96813
Phone: (808) 586–0979
Email

Captive Events


The Hawaii Captive Insurance Council sponsors an annual forum that focuses on the most relevant topics and key issues facing the captive industry. More information about the forum and the Hawaii Captive Insurance Council is available at the council's website.

Captive Domicile News