Jersey

 
Total number of active captives
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Number of active captives (group/association)
3
Gross written premium for all captives
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Total number of active captives, prior year
2
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
Premiums to surplus
Property/casualty, 17.5% of net premiums; life 2.5% of long-term business fund.
Minimum capital (broken out by type of captive)

£100,000 or at discretion of regulator.

Applicable Acts/Enabling Legislation
Insurance Business (Jersey) Law, 1996, General Provisions and Solvency Margin Orders, 1996.
Captive Administrator’s name and longevity in position and also within department
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Time given for application process
6 weeks
Regulator
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Address and contact information of Regulatory Department
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Website Address
https://www.jerseyfsc.org