Maine

 
Total number of active captives
Sign in to see more data
Number of active captives (pure)
2
Number of active captives (group/association)
1
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
Number of full-time employees in captive regulatory department
2
Annual fees
Sign in to see more data
Premium tax rate
Sign in to see more data
Premiums to surplus
None
Minimum capital (broken out by type of captive)

Minimum: $200,000 pure; $500,000 industrial insured; $750,000 association; $1 million risk retention group; $750,000 sponsored.

Applicable Acts/Enabling Legislation
Title 24-A, Chapter 83, Sections 6701-6725, 1997.
Captive Administrator’s name and longevity in position and also within department
Sign in to see more data
Regulator
Sign in to see more data
Address and contact information of Regulatory Department
Sign in to see more data
Website Address
https://www.maine.gov/pfr/insurance/