Domiciles
Note: Much of the data included here was based on year-end 2018 data. We are in the process of updating it with year-end 2019 data. Going forward we will be verifying all fields either directly with the domicile, or by using credible and confirmed data sources. If you represent a domicile or domicile association and are able to update and complete the data fields, please use this form. All data will be verified by CICA before it is published and will include the date and source of the update.
Number of captives (pure)
16
Number of captives (group/association)
5
Number of captives (RRG)
0
Number of other types of captives (sponsored, agency captives, etc.)
Number of individual cells/cell participants
Total number of active captives, as of the prior year
21
Types of captives allowed
- Single parent captives
- Association captives
- Group captives
Number of full-time employees in captive regulatory department
7
Premiums to surplus
Minimum capital (broken out by type of captive)
Applicable Acts/Enabling Legislation
The British Columbia Financial Institutions Act; Insurance (Captive Company) Act.
Contact information for captive Administrator
Time given for application process
90 days
Time given for operational plan changes
Website Address
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