Germany
- Year captive legislation was passed
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- Types of captives allowed
-
- Single parent captives
- Number of full-time employees in captive regulatory department
- 4
- Minimum capital (broken out by type of captive)
-
EUR 2.5 million for non-life insurers, including
captive insurers (except for insurers covering third-party liability, credit and deposit risks, in which
case the minimum capital is EUR 3.7 million)
• EUR 3.7 million for life insurers, including
captive insurers
• EUR 1.2 million for captive reinsurers
• EUR 6.2 million for insurers conducting life
and non-life insurance business covered by
the EU Solvency II Directive - Regulator
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- Address and contact information of Regulatory Department
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- Website Address
- https://www.bafin.de