From: Captive Review
North America, made up of 33 US jurisdictions plus the two Canadian provinces of British Columbia and Alberta, continued to dominate the global captive industry when it came to premium, captive numbers and captive formations in 2022.
The US captive market is much more mature than many other geographical regions”Dan Towle, CICA
Captive Review estimates that North America crossed the milestone $100 billion captive premium mark in 2022, and was at the very least $98.1 billion based on the 27 domiciles for which we have a 2022 premium figure (covering 93.2% of all North American captives).
Note: the North America section begins on page 8.