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Corporate Regulation and Governance in Captives

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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.

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The Arkansas Captive Insurance Domicile

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July 19, 2019

While Arkansas is a small captive domicile with just 6 captives at the end of 2018 and 8 captives currently, state regulators and others expect significant growth over the next few years.

That optimism is based on several factors, including an attractive captive statute.

For example, the maximum annual premium tax is capped at $100,000, while the minimum capital and surplus requirements for single-parent captives are just $250,000.

"This is a low-cost, easy-to-do-business state," said Arkansas Insurance Commissioner Allen Kerr in Little Rock.

Click on the image below to learn more about the Arkansas captive domicile.

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