CICA > Domiciles > Rhode Island

Rhode Island

 
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Year captive legislation was passed
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Types of captives allowed
  • Single parent captives
  • Association captives
  • Group captives
  • Protected cell/segregated portfolio companies
  • Risk retention groups
Initial licensing and incorporating fees required by the domicile

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Annual filing requirements
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Annual fees
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Premium tax rate
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Premiums to surplus
See R.I. Gen. Laws § 27-43
Minimum capital (broken out by type of captive)

Pure: $100,000
Association: $400,000
Industrial: $200,000

Applicable Acts/Enabling Legislation
R.I. Gen. Laws § 27-43
Captive Administrator’s name and longevity in position
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Regulator
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Address and contact information of Regulatory Department
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Website Address
https://www.dbr.state.ri.us