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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 active captives (pure)
40
Number of active captives (group/association)
9
Number of active captives (RRG)
0
Number of active captives (sponsored/cell captives)
Number of individual cells/cell participants
Total number of active captives, as of 12/31/2018
20
Types of captives allowed
  • Single parent captives
  • Association captives
  • Risk retention groups
  • Microcaptives set up using 831(b) regulations*
Number of full-time employees in captive regulatory department
2
Premiums to surplus
Minimum capital (broken out by type of captive)

O.C.G.A. 33-41-8: pure captives, minimum $250,000; association captives, minimum $500,000; agency captives, minimum $250,000; industrial insured, minimum $500,000; and risk retention group, minimum $500,000.

Applicable Acts/Enabling Legislation
O.C.G.A. 33-41; GA Insurance Rules and Regulations 120-2-45
Contact information for captive Administrator
Time given for application process
30 days
Time given for operational plan changes
Website Address
https://www.oci.ga.gov
Are Exams done by own employees or by contract?
What is the examination cycle by type of captive?
Cost of exam range by pure? Average price?
Cost of exam range by RRG? Average price?
State domicile association name and website

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