Malta

 
Year captive legislation was passed
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Total number of captives as of year-end 2022
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Total gross premium written and assets under management (AuM) as of year-end 2021
Gross premium: EUR 240,692,279; AuM: EUR 1,078,947,030
Types of captives allowed
  • Single parent captives
  • Association captives
  • Group captives
  • Protected cell/segregated portfolio companies
Initial licensing and incorporating fees required by the domicile

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Annual fees
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Premium tax rate
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Premiums to surplus
Solvency margin set in accordance with European Union directives.
Minimum capital (broken out by type of captive)

Solvency II requirements

Applicable Acts/Enabling Legislation
Insurance Business Act. Insurance Business Regulations (companies carrying on business of affiliated insurance). Companies Act (Cell Companies Carrying on Business of Insurance) Regulations.
Captive Administrator’s name and longevity in position
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Speed of licensing
10 weeks
Regulator
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Address and contact information of Regulatory Department
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Website Address
https://www.fbsmalta.com/malta-captive-insurance/