| Captives | 97 |
| Capitalization | Capital & Surplus Pure-$250,000 Single-parent: $250,000 Association: $500,000 Agency: $500,000 Group:$500,000 Group Reinsurer:$250,000 RRG: $500,000 Reciprocals:$500,000 Protected Cell: $500,000 Pure or group reinsurers: one-half of the above indicated amounts. |
| Registration & Incorporation Expenses | $1,000 for first year $5,500 annual renewal fee, $100 Examiner Revolving Fund,
$75- Original Charter Documents, $60- Articles of Incorporation |
| Investment Restrictions | State allows cell captives. |
| Tax Issues | No premium tax on Arizona domestic captives. |
| Applicable Acts | Title 20, Chapter 4 of Arizona Revised Statutes, Article 14 |
| Tax Treaties | |
| Supervisory Jurisdiction | Arizona Department of Insurance Stephanie Lefkowski Arizona Director of Insurance 2910 North 44th Street Suite 210 Phoenix, Arizona 85018-7269 Tel: (602) 912-8420 Fax: (602) 912-8421 |
| Reporting Requirements | |
| Reserve & Underwriting Requirements | |
| Local Office Requirements | |
| Estimated Number of Captives | Single Parent Captives=74 Group Captives=21 |
| Domicile URL | http://www.id.state.az.us/captives/index.html |
| Status | Active |
| News | Became domicile in 2001. 30% of all active captives were formed for the medical industry (physicians, hospitals, nursing homes, etc.). 22% were formed for the construction industry. 16% were formed for the finance and insurance industry. |