Number of active captives (pure)
Number of active captives (group/association)
Number of active captives (RRG)
Number of active captives (sponsored/cell captives)
Number of individual cells/cell participants
Total number of active captives, as of 12/31/2018
Types of captives allowed
- Single parent captives
- Association captives
- Group captives
- Protected cell/segregated portfolio companies
Number of full-time employees in captive regulatory department
Premiums to surplus
Ratio of premium to capital, 3/4 to 1.
Minimum capital (broken out by type of captive)
$100,000 general insurance classes; $250,000 life and long-term insurance classes.
Applicable Acts/Enabling Legislation
Insurance Act No.54 of 2005. Insurance Regulation Order No.16 of 2006
Contact information for captive Administrator
Time given for application process
2 weeks to 3 months depending on full infor. provided
Time given for operational plan changes
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