Ohio

 
Total number of active captives
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Number of active captives (pure)
3
Number of individual cells/cell participants
3
Total number of active captives, prior year
15
Types of captives allowed
  • Single parent captives
  • Protected cell/segregated portfolio companies
  • Special purpose financial captives
Number of full-time employees in captive regulatory department
2
Annual fees
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Premium tax rate
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Premiums to surplus
Flexible, based upon the business model.
Minimum capital (broken out by type of captive)

$250,000 minimum, single-parent; $500,000 minimum, protected cell

Applicable Acts/Enabling Legislation
Ohio Revised Code 3964
Captive Administrator’s name and longevity in position and also within department
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Time given for application process
30 days
Regulator
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Address and contact information of Regulatory Department
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Website Address
https://www.insurance.ohio.gov