Captive.com logo

Captive Insurance News

Corporate Governance: Free Survey Report

Corporate Regulation and Governance in Captives

A FREE 24-page special survey report from Captive.com

Delve into captive insurance governance matters including board attributes, board structure, and board accountability. With 30 years of insurance experience from the auditing, regulatory, and management side, Derick White, managing director of corporate governance and regulation for Strategic Risk Solutions, offers key insights into captive board governance.

Show Me My Free Survey Report

Seven New Captive Insurers Licensed in Arizona in 2015

Arizona
February 01, 2016

The Arizona Department of Insurance Captive Insurance Division has reported it issued 7 new captive licenses in 2015. It now has a captive portfolio of 110 captives. During the year, 11 licenses were terminated, reducing its overall captive license count by 4 from the prior year end.

                                                                  Year
2015  2014  2013 2012  2011 
Licenses Issued  7  13  9  8  4
Licenses Terminated  11  5  3  6  3
Change to Population  -4  8  6  2  1
Cumulative Count  110  114  106  100  98
Population Growth %  -4%  8%  6%  2%  1%


Risk Retention Group and Captive Breakdown
by Industry Classification
 

Health Care and Social Assistance  Construction   Finance and Insurance  Transportation and Warehousing  Manufacturing  Retail Trade  All Other  Totals
Non-RRG Captives              
Count  17  15  25  6  9  4  23  99
Percent of Total  17%  15%  25%  6%  9%  4%  23%  100%
RRG Captives                
Count  10  0  0  1  0  0  0  11
Percent of Total  91%  0%  0%  9%  0%  0%  0%  100%
Total Captives                
Count  27  15  25  7  9  4  23  110
Percent of Total  25%  14%  23%  6%  8%  4%  21%
100%


The complete Arizona captive insurance statistics for December 31, 2015, are available.

Source for charts: "Facts and Statistics as of December 31, 2015," Arizona Department of Insurance Captive Insurance Division.

Captive Insurance Company Reports
Follow Captive.com on Twitter

Twitter Feed