Missouri Domicile Information
DomicileMissouri
Captives28
CapitalizationSingle-parent captive, $250,000; industrial insured captive, $500,000; association captive, $750,000; branch captive, $250,000; special-purpose life reinsurance captive, $250,000.

Premiums to Surplus: At discretion of regulator.
Registration & Incorporation Expenses$7,500 license and renewal fee, fully deductible from premium tax.
Investment Restrictions 
Tax Issues$7,500 minimum tax, $200,000 maximum. Direct premiums: 0.38% on first $20 million, 0.285% on next $20 million, 0.19% on next $20 million, 0.072% thereafter. Reinsurance premiums: 0.214% on first $20 million, 0.143% on next $20 million, 0.048% on next $20 million, 0.024% thereafter.
Applicable ActsMissouri Revised Statutes: Title XXIV Business and Financial Institutions, Chapter 379.1200-1421, Captive Insurance.
Tax Treaties 
Supervisory Jurisdiction 
Reporting Requirements 
Reserve & Underwriting Requirements 
Local Office RequirementsJohn Rehagen Captive Program Manager
Department of Insurance, Financial Institutions & Professional Registration
301 West High Street, Room 530
Jefferson City, MO 65101
(573) 522-2563
john.rehagen@insurance.mo.gov
Estimated Number of Captives28
Domicile URLhttp://www.insurance.mo.gov/captive
StatusActive
NewsBecame domicile in 2007. Last year they hit one billion in premium which was a major milestone. This year they are going to see a numbers milestone when they hit double digits, hopefully by the end of the 3rd quarter 2010. Several other feasibility studies are underway but it's still unknown how many of these plans will ultimately take place by year end. MO may potentially license 10 new captives in 2010, compared to 3 in 2009.