Ohio
- Year captive legislation was passed
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- Total number of captives as of year-end 2025
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- Total surrendered licenses in 2025
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- Number of pure / single parent captives as of 2025
- 3
- Number of group / association captives as of 2025
- 2
- Number of sponsored / cell company captives as of 2025
- 1
- Number of other types of captives (industrial insured, special purpose, SPFI, pooling, branch, agency) as of 2025
- 3
- Types of captives allowed
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- Single parent captives
- Protected cell/segregated portfolio companies
- Special purpose financial captives
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Initial licensing and incorporating fees required by the domicile
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- Annual requirements
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- Annual fees
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- Premium tax rate
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- Dividend Distribution for Surplus Allowance
- Yes upon approval
- Minimum capital (broken out by type of captive)
-
$250,000, single-parent; $500,000, protected cell
- Applicable Acts/Enabling Legislation
- Ohio Revised Code 3964
- Captive Administrator’s name and contact information
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- Speed of licensing
- 30 days
- Regulator
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- Address and contact information of Regulatory Department
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- Website address
- https://insurance.ohio.gov/companies/captive-insurance/resources/captiveinsuranceoffice