Colorado
- Total number of captives
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- Number of captives (pure)
- 5
- Number of captives (group/association)
- 2
- Gross written premium for all captives
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- Total number of active captives, as of the prior year
- 5
- Types of captives allowed
-
- Single parent captives
- Group captives
- Risk retention groups
- Annual fees
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- Premium tax rate
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- Premiums to surplus
- N/A
- Minimum capital (broken out by type of captive)
-
C.R.S. 10-6-116 (pure captive) – $500,000 minimum, but may require additionalC.R.S. 10-6-130 – subject to 10-3-208 – group captives
- Applicable Acts/Enabling Legislation
- C.R.S. Title 10, Article 6
- 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.colorado.gov/pacific/dora/node/90616