Ireland
- Total number of captives as of year-end 2022
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- Total gross premium written and assets under management (AuM) as of year-end 2021
- Gross premium: EUR €1,474,000,000; AuM: EUR €7,008,000,000
- Types of captives allowed
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- Single parent captives
- Number of full-time employees in captive regulatory department
- 4
- Premium tax rate
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- Minimum capital (broken out by type of captive)
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The level of capital is determined on the basis of the outcome of the Solvency II Own Risk and Solvency Assessment subject to minimum thresholds set out in the Solvency II directive.
- Applicable Acts/Enabling Legislation
- European Communities (Insurance & Reinsurance) Regulations 2015
- Captive Administrator’s name and longevity in position
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- Speed of licensing
- Six months
- Regulator
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- Address and contact information of Regulatory Department
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- Website Address
- https://www.centralbank.ie