Missouri
- Total number of active captives
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- Number of active captives (pure)
- 53
- Number of active captives (group/association)
- 1
- Gross written premium for all captives
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- Total number of active captives, as of 12/31/2018
- 50
- Types of captives allowed
-
- Single parent captives
- Association captives
- Group captives
- Protected cell/segregated portfolio companies
- Special purpose financial captives
- Microcaptives set up using 831(b) regulations*
- Number of full-time employees in captive regulatory department
- 4
- Annual fees
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- Premium tax rate
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- Premiums to surplus
- At discretion of regulator.
- Minimum capital (broken out by type of captive)
-
$250,000 single-parent captive; $500,000 industrial insured captive; $500,000 association captive; $250,000 branch captive; $250,000 special-purpose life reinsurance captive; $500,000 sponsored captive.
- Applicable Acts/Enabling Legislation
- Missouri Statutes Chapter 379, Title XXIV Business and Financial Institutions.
- Captive Administrator’s name and longevity in position and also within department
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- Time given for application process
- 30 days or less
- Regulator
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- Address and contact information of Regulatory Department
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- Website Address
- https://www.insurance.mo.gov/captive