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