Domiciles

Special thank you to Captive Intelligence for providing much of the data used here. It is based on year-end 2022 and has been verified with relevant governing bodies, based on the following definitions:

• The core of cell or “sponsored” captive structures, i.e., PCC, ICC, SPC, SAC, and Series, are included, but individual cells and series are not.
• Data on individual cells and series is collected where domiciles provide it, and numbers are provided, but the industry does not currently have a consistent approach to contextualizing.
• Group and Association captives are counted together under “group”.

For helpful background on how the data is gathered and measures taken to establish a consistent framework for counting captives, read a brief overview from Captive Intelligence.

If you represent a domicile or domicile association and are able to update and complete the data fields, please use this form to submit updated information. All data will be verified by CICA before it is published and will include the date and source of the update.

Number of pure / single parent captives as of 2022
138
Number of group / association captives as of 2022
6
Number of risk retention groups (RRGs) as of 2022
10
Number of sponsored / cell company captives as of 2022
5
Number of individual cells / series as of 2022
9
Total gross premium written and assets under management (AuM) as of year-end 2021
Gross Premium: USD $10.1bn; AuM: N/A
Types of captives allowed
  • Single parent captives
  • Association captives
  • Group captives
  • Protected cell/segregated portfolio companies
  • Risk retention groups
Number of full-time employees in captive regulatory department
3
Premiums to surplus
Varies based on risk profile.
Minimum capital (broken out by type of captive)

Single-parent, $250,0000; group, $500,000; association, $500,000; agency, $500,000; protected cell, $500,000

Applicable Acts/Enabling Legislation
Arizona Revised Statutes §20-1098 et seq. and other applicable parts of Title 20.
Contact information for captive Administrator
Speed of licensing
30-45 days
Time given for operational plan changes
Website Address
Are Exams done by own employees or by contract?
Contract
What is the examination cycle by type of captive?
No routine exams except for captive RRGs (generally every five years)
Average/Estimated Exam Cost for Single Parent Captive
Varies
Average/Estimated Exam Cost for Risk Retention Group
Varies
State domicile association name and website

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