New Zealand

 
Year captive legislation was passed
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Types of captives allowed
  • Single parent captives
Minimum capital (broken out by type of captive)

Only permits NZ based captive insurers with insurance business in NZ.

Applicable Acts/Enabling Legislation
Insurance (Prudential Supervision) Act 2010; Companies Act 1993; Financial Reporting Act 2013
Captive Administrator’s name and longevity in position
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Speed of licensing
20 weeks
Regulator
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Address and contact information of Regulatory Department
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Website Address
https://www.rbnz.govt.nz/regulation-and-supervision/oversight-of-insurers
State domicile association name and website
New Zealand Captive Insurance Association info@nzcia.org.nz