British Columbia

 
Total number of captives
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Number of captives (pure)
16
Number of captives (group/association)
5
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
Annual fees
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Premium tax rate
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Applicable Acts/Enabling Legislation
The British Columbia Financial Institutions Act; Insurance (Captive Company) Act.
Captive Administrator’s name and longevity in position
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Time given for application process
90 days
Regulator
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Address and contact information of Regulatory Department
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Website Address
https://www.fic.gov.bc.ca