Total number of active captives
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Total number of active captives, as of 12/31/2018
Types of captives allowed
  • 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)

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
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Address and contact information of Regulatory Department
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Website Address