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)
0
Number of active captives (group/association)
0
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
204
Types of captives allowed
  • Single parent captives
  • Group captives
Number of full-time employees in captive regulatory department
Premiums to surplus
Minimum capital (broken out by type of captive)

Minimum capital for reinsurance captives: EUR 1.2 million, commercial reinsurer, EUR 3.6 million, companies in activity. Underlying Minimum Capital Requirement (MCR) + Solvency Capital Requirements according Solvency 2 Directive 2009/138/EC

Applicable Acts/Enabling Legislation
Modified Insurance Law of 7 December 2015; Modfied CAA Regulation N° 15/03 of 7 December 2015.
Contact information for captive Administrator
Time given for application process
Depends on quality of the file submitted
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?
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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