Luxembourg
- Total number of active captives
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- Total number of active captives, as of 12/31/2018
- 204
- Types of captives allowed
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- Single parent captives
- Group captives
- Annual fees
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- Premium tax rate
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- Minimum capital (broken out by type of captive)
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Minimum capital for reinsurance captives: EUR 1.2 million, commercial reinsurer, EUR 3.6 million, companies in activity. Underlying Minimum Capital Requirement (MCR) + Solvency Capital Requirements according Solvency 2 Directive 2009/138/EC
- Applicable Acts/Enabling Legislation
- Modified Insurance Law of 7 December 2015; Modfied CAA Regulation N° 15/03 of 7 December 2015.
- Captive Administrator’s name and longevity in position and also within department
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- Time given for application process
- Depends on quality of the file submitted
- Regulator
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- Address and contact information of Regulatory Department
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- Website Address
- https://www.caa.lu