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Oregon Captive Domicile Summary

Oregon State Seal SF

While Oregon is a relatively small captive domicile, the state has enjoyed significant captive growth over the last few years.

At the end of 2019, Oregon had 21 captive insurance companies, which is nearly 2 1/2 times more compared to 2014, when the state had just 8 captives.

Oregon's captive premium volume has risen even more significantly. In 2019, for example, Oregon captives generated just over $754 million in gross written premiums, which is well over four times more than in 2014, when the state's captive insurers reported just under $170 million in gross written premiums.

An important factor in Oregon's captive growth has been the responsive staff at the Oregon Department of Insurance, captive experts say.

 

Captive Domicile Statistics


Total Captive Count*
Oregon
Year Captives
2019 21
2018 17
2017 13
2016 9
2015 8
*Only includes active captives and excludes cell captives, which are not authorized in Oregon.


Captives' Gross Written Premiums
Oregon
Year Premium Volume
2019  $754.1 million 
2018 $748.9 million
2017 $818.5 million
2016 $733.3 million
2015 $691.7 million

Captive Domicile Contacts


For more information, contact
Dennis Ault
Captive Analyst/Financial Analyst, Insurance Institutions
350 Winter Street NE
Salem, Oregon 97301
Phone: (503) 947–7279
Email: [email protected]

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