Jersey
- 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
- Premium tax rate
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- 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)
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£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
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- Speed of licensing
- 6 weeks
- Regulator
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- Address and contact information of Regulatory Department
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- Website Address
- https://www.jerseyfsc.org