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The Nevada Captive Insurance Domicile

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August 07, 2019

Nevada is not only one of the older captive domiciles in the United States, it is also a domicile that has enjoyed steady growth.

In the 5 years from 2013 to 2017, the number of captives licensed in Nevada, whose captive statute marks its 20th anniversary in 2019, increased over 40 percent, rising from 143 in 2013 to 201 in 2017.

Single-parent captives, which Nevada law defines as pure captives, account for the bulk of that growth. In 2017, 167 single-parent captives held licenses in Nevada, up more than 60 percent since 2013.

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

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