Number of pure / single parent captives as of 2022
Number of group / association captives as of 2022
Number of risk retention groups (RRGs) as of 2022
Number of sponsored / cell company captives as of 2022
Number of individual cells / series as of 2022
Total gross premium written and assets under management (AuM) as of year-end 2021
Types of captives allowed
- Single parent captives
- Association captives
Number of full-time employees in captive regulatory department
Premiums to surplus
Minimum capital (broken out by type of captive)
Pure, Association, & Sophisticated: CAD300,000
Applicable Acts/Enabling Legislation
The British Columbia Financial Institutions Act; Insurance (Captive Company) Act.
Contact information for captive Administrator
Speed of licensing
90 days or less
Time given for operational plan changes
Are Exams done by own employees or by contract?
What is the examination cycle by type of captive?
Average/Estimated Exam Cost for Single Parent Captive
Average/Estimated Exam Cost for Risk Retention Group
State domicile association name and website