District of Columbia
- Year captive legislation was passed
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- Total number of captives as of year-end 2022
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- Number of pure / single parent captives as of 2022
- 40
- Number of group / association captives as of 2022
- 7
- Number of risk retention groups (RRGs) as of 2022
- 33
- Number of sponsored / cell company captives as of 2022
- 25
- Number of individual cells / series as of 2022
- 80
- Number of other types of captives (industrial insured, special purpose, SPFI, pooling, branch) as of 2022
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- Total gross premium written and assets under management (AuM) as of year-end 2021
- Gross premium: USD $2,089,194,623.58; Aum: USD $10,339,699,630
- Types of captives allowed
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- Single parent captives
- Association captives
- Group captives
- Protected cell/segregated portfolio companies
- Risk retention groups
- Special purpose captives
- Special purpose financial captives
- Number of full-time employees in captive regulatory department
- 9
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Initial licensing and incorporating fees required by the domicile
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- Annual fees
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- Premium tax rate
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- Premiums to surplus
- 3 to 1 for risk retention groups, higher for other captives.
- Minimum capital (broken out by type of captive)
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Capital: $100,000 for all cos. Surplus: $150,000 for pure captive; $300,000 for association (stock), agency, rental; $500,000 for (mutual) captive; protected cell, amount to be determined by the Commissioner
- Applicable Acts/Enabling Legislation
- The Captive Insurance Company Act of 2004. Special Purpose Financial Captive Authorization Amendment Act of 2006. Captive Insurance Company Amendment Act of 2006.
- Captive Administrator’s name and longevity in position
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- Speed of licensing
- 20 days or less
- Regulator
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- Address and contact information of Regulatory Department
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- Website Address
- https://www.disb.dc.gov