Tennessee
- Total number of active captives
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- Number of active captives (pure)
- 128
- Number of active captives (group/association)
- 2
- Number of individual cells/cell participants
- 435
- Gross written premium for all captives
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- Total number of active captives, as of 12/31/2018
- 155
- Types of captives allowed
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- Single parent captives
- Association captives
- Group captives
- Protected cell/segregated portfolio companies
- Risk retention groups
- Special purpose captives
- Special purpose financial captives
- Microcaptives set up using 831(b) regulations*
- Number of full-time employees in captive regulatory department
- 15
- Annual fees
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- Premium tax rate
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- Applicable Acts/Enabling Legislation
- Revised Tennessee Captive Insurance Act and related statutes. Rules of the Tennessee Department of Commerce & Insurance for Tennessee Captive Insurance Companies. Commissioner’s Bulletin Regarding Credit for Reinsurance for Tennessee Captive Insurance Companies. Notice of Rulemaking Hearing, Captive Insurance Companies.
- Captive Administrator’s name and longevity in position and also within department
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- Time given for application process
- Less than 30 days
- Regulator
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- Address and contact information of Regulatory Department
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- Website Address
- https://www.tn.gov/commerce/insurance.html