Oklahoma Domicile Information
DomicileOklahoma
Captives5
CapitalizationPure Captive: $100,000; association stock insurer: $400,000; industrial captive incorporated as a stock insurer: $200,000; sponsored captive, $500,000.

Premiums to Surplus: Pure captive: $150,000; association stock insurer: $350,000; association mutual insurer: $750,000; industrial mutual: $500,000; sponsored captive: $500,000; reciprocal: $1 million.
Registration & Incorporation ExpensesFees: $200 application fee; $300 annual license.
Investment RestrictionsAssociation Captives
Tax Issues$200 application fee; $300 annual license; $5,000 minimum annual premium tax; 0.4% on first $20 million, 0.3% on the next $20 million, 0.2% on next $20 million, 0.075% thereafter; direct 0.225% on first $20 million, 0.15% on next $20 million, 0.05% on next $20 million, 0.025% thereafter.
Applicable ActsOklahoma Captive Insurance Company Act, 36 O.S. Section 6470.1 et. seq.
Tax Treaties 
Supervisory JurisdictionLauren Bouse, Financial Specialist II
Oklahoma Insurance Department
3625 NW 56th, Suite 100
Oklahoma City, OK 73112-4511
Tel: 405-521-3966 Fax:405-522-2640
Reporting RequirementsGAAP except RRG
Reserve & Underwriting RequirementsActuarially Adequate
Local Office RequirementsPlace of Business, No Local Director
Estimated Number of Captives4
Domicile URLhttp://www.ok.gov/oid
StatusActive
NewsBecame domicile in 2004.