CICA > Domiciles > District of Columbia

District of Columbia

 
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Year captive legislation was passed
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Total number of captives as of year-end 2024
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Types of captives allowed
  • 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
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)

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