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Captive Resource Center
Businesses and Associations
Research & Information
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Captive Domicile Showcases
| Showcases as Submitted
by Each Domicile |
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Fast Links to Domicile Legislation (along with
editorial notes) |
| Captive.com sends its thanks
to Carol Pierce of MunichRe
America Specialty Markets -- a captive.com Silver Member --
for assisting us in finding many of these links. If you know of
additional links that would be helpful, or if you find a better
link than the ones we offer here, please e-mail
us with your suggestions for additions and changes. Editorial
comments following each link come from both Carol Pierce and Chris
Mancini of captive.com.
Non-US Domiciles:
[Editor's note: A few of these links were
so long that formatting issues forced us to substitute a text message,
"Click here for link" rather than printing the actual
link. We hope this does not inconvenience you.]
| Aland |
http://www.aland.fi/
This website is in Swedish. |
| Anguilla |
The Anguilla insurance website is well-designed and easy to
navigate. Here are 3 links you'll find helpful:
http://www.fsc.org.ai/insurance.htm
-- Insurance Act of 2004.
http://www.fsc.org.ai/Insurance%20Regs%202004.pdf
-- Insurance Regulations of 2004, along with guidance notes
http://www.fsc.org.ai/protcell.htm
-- Protected Cell Act of 2004. |
| Bahamas |
Captive
Insurance in the Bahamas is a good summary page with contacts
you will like. Also see New
Draft Insurance Legislation. |
| Bermuda |
http://www.bermudalaws.bm/
All official Bermuda laws (full text) are on this site. You
can also link to this site from the Monetary Authority website
http://www.bma.bm/legislation/index.html
|
| BVI |
http://www.bvifsc.vg/fsc_insurance.php?fn=relatedlegislation
Full Text insurance regs in pdf format can be downloaded from
this website. |
| British Columbia, Canada |
http://www.fic.gov.bc.ca/statutes.htm
For full text of captive law, see http://www.qp.gov.bc.ca/statreg/stat/I/96227_01.htm |
| Cayman Islands |
Click
to link
Unofficial copy of the regs. Official ones are available at
minimal cost. |
| Gibraltar |
http://www.fsc.gi/fsclists/publications.asp?Section=2&Type=4
Unofficial copies of regs. Official regs are available at no
cost at http://www.gibraltarlaws.gov.gi
|
| Guam |
http://www.guamattorneygeneral.com/gca/22gc023.pdf
Captive law is online in its entirety in pdf format. Because
this link no longer produces anything, we have inactivated it
while we make a few inquiries to our contacts in Guam. An updated
link, if it exists, will be up and running soon. |
| Guernsey |
http://www.gfsc.gg/content.asp?pageID=91&menuOpen=2&submenuOpen=2.5
Hundreds of pages of regulations at this location. |
| Hong Kong |
http://www.info.gov.hk/oci/text/ideal/
A very easy-to-navigate website with links to both summary data
and full legislation. |
| Ireland |
Website currently under construction. |
| Isle of Man |
http://www.gov.im/ipa/insurance/InsuranceRegulations.xml
Official regs online. Also, includes proposed regs and who to
contact if you have comments. |
| Jersey |
http://www.jerseylegalinfo.je/Law/LawsInForce/alphabetical.aspx
You can link from the Financial Services Commission site http://www.jerseyfsc.org/
under insurance.
Official regs online. |
| Labuan |
http://www.lofsa.gov.my/lofsa5/labiofc/offinsure/insurancet.htm
Official regs online. Also, have pdf synopses. |
| Liechtenstein |
Click
to link
Official regs on line in German |
| Luxembourg |
http://www.commassu.lu/FR/documents/reglements.asp
Regs are posted in French. |
| Malta |
|
| Mauritius |
http://www.fscmauritius.org/homeframe.html
Unofficial copies of regs are available in read-only Word documents |
| Nevis |
http://www.nevisfinance.com/about.cfm
Tells a visitor what the regs are, but does not provide an online
link to them. |
| New Zealand |
Summary: http://www.nzcia.org.nz/legislation.htm
New Zealand's insurance legislation is called the "Insurance
Companies Deposit Act." It does not distinguish between
a captive and a normal New Zealand insurance company. The
environment is favourable for captive insurance companies.
The government website is unwieldy, but you can follow this
link, then open "I" (for insurance acts), and click
on the Insurance Companies' Deposit Act 1953:
http://www.legislation.govt.nz/browse_vw.asp?content-set=pal_statutes&clien.
|
| Panama |
http://www.mici.gob.pa/seguros.php
Regs are all online in Spanish. Should you need assistance with
translation, we can help. |
| Puerto Rico |
http://www.ocs.gobierno.pr/ocspr/Default.aspx?tabid=143
An easy-to-navigate page with both summary data and specific
legislation and regs in English and Spanish. |
| Singapore (links revised 4/10/07) |
Singapore
Statutes Online
More useful links from the Singapore Monetary Authority website:
|
| St. Kitts |
To
St. Kitts Financial Services Law Library
Download
Captive Legislation |
| Turks & Caicos |
The T&C website is done in "frames," so we cannot
give you a direct link to their legislation on the website.
Visit Turks
& Caicos and select "insurance" from
the top menu. You will see the link to the legislation and more.
For your convenience, we have downloaded a copy of the 2004
legislation in pdf. This is correct as of November 2007, but
we may not know when T&C updates this, so before relying
on this document, be sure to check the website to ensure that
this is the most recent legislation. Follow
this link to download directly. |
| Vanuatu |
To Vanuatu
Captive Insurance Website
All legislation, regs, apps, etc. are available in English and
French. A well-organized, easy-to-navagate website! |
Fast
Links to US Domicile Legislation
| Alabama |
Links
to captive-related information and application forms
Download captive law: http://www.aldoi.gov/PDF/Legal/ACT06509SB0305.pdf
|
| Arizona |
http://www.azleg.state.az.us/ArizonaRevisedStatutes.asp?Title=20.
Scroll down the page to Article 14, Captive Insurers. All the
links that you will need are at that location. |
| Arkansas |
http://www.insurance.arkansas.gov/finance/captivepage.htm
A well-organized website that gives clear links to all regs
as well as contact information. |
| Colorado |
All in all, this website is a nightmare. We cannot supply
a direct link to the captive legislation because of the frame-based
design of the website. However, it's not too hard to find.
Start at http://www.dora.state.co.us/insurance/.
From there, to find the legislation, click on Colorado
Laws which takes you to http://198.187.128.12/colorado/lpext.dll?f=templates&fn=fs-main.htm&2.0.
You will see the captive links on that page.
From the first page above, there is a direct link to regulations.
The captive reg is 2-3-1at http://www.dora.state.co.us/insurance/regs/2-3-1.pdf.
|
| Connecticut |
Follow
this link for a downloadable version of Connecticut's captive
legislation, SB 281, enacted on June 2, 2008. Additionally,
see information on
Risk Retention Groups on the easy-to-navigate Connecticut
Insurance Department website, offering insurance legislation
and regs. As of 7/2/08, the website is not yet updated with
the captive legislation. |
| Delaware |
http://www.delawarecaptive.org/thedelawarestatute.htm
Full legislation in HTML or Word formats |
| District of Columbia (links amended April
1, 2007) |
Menu of links to captive and RRG info: http://www.disb.dc.gov/disr/cwp/view,a,1300,q,633951,disrNav,%7C32821%7C,.asp
Captive Insurance Company Amendment Act of 2006: http://disb.dc.gov/disr/frames.asp?doc=/disr/lib/disr/news_room/regulation/Captive_Insurance_Company_Amendment_Act_of_2006.pdf
Special Purpose Financial Captive Authorization Amendment
Act of 2006:
http://disb.dc.gov/disr/frames.asp?doc=/disr/lib/disr/news_room/regulation/Special_Purpose_Financial_Captive_Authorization_Amendment_Act_of_2006.pdf
Regulations: http://disb.dc.gov/disr/frames.asp?doc=/disr/lib/disr/news_room/regulation/captive.pdf&group=1632
|
| Georgia |
Downloadable pdf files, posted October 2006. Please check
with your local captive consultants for any subsequent changes
to the captive law or regulations before proceeding with your
captive:
GA
Captive Legislation
GA
Captive Regulations
|
| Hawaii |
http://www.capitol.hawaii.gov/hrscurrent/Vol09_Ch0431-0435E/hrs0431/HRS_0431-0019-0101.htm.
Also, the HCIC website has direct links to specific summaries
at http://www.hawaiicaptives.com/why_hawaii/law_19.html.
|
| Missouri |
Follow
this link to download Senate Bill 215 -- AN ACT To amend
chapter 379, RSMo, by adding thereto forty-nine new sections
relating to the regulation of captive insurance companies. |
| Montana |
Captive Legislative News: Montana's Senate Bill 161 Officially
Signed.
To view SB 161 on Montana's Government Website, with its
changes visible, follow
this link. Also helpful, see a legislative history along
with a summary of the current legislation on the ORG Captive
Management website by following
this link.
http://sao.mt.gov/captives/index.asp
All the links you need are available from this page, including
the current law at
http://data.opi.state.mt.us/bills/mca_toc/33_28.htm
|
| New York |
http://www.ins.state.ny.us/website3/captives/capart70.htm
Links are provided to all subsections of the legislation. |
| Nevada |
http://doi.state.nv.us/CF-CaptiveInsurIndex.htm
All links are available from this page from regs to application
forms. |
| Puerto Rico |
http://www.ocs.gobierno.pr/ocspr/Default.aspx?tabid=143
An easy-to-navigate page with both summary data and specific
legislation and regs in English and Spanish. |
| Rhode Island |
http://www.dbr.state.ri.us/documents/rules/insurance/Refiled-Regulation95.pdf
Downloadable pdf file with all you need to know. |
| South Carolina |
Regulations
in pdf
Captive Statutes (in HTML) http://www.scstatehouse.net/code/t38c090.htm
and in text (Word 2000) http://www.scstatehouse.net/code/t38c090.doc
Protected Cell laws:
http://www.scstatehouse.net/code/t38c010.htm
http://www.scstatehouse.net/code/t38c010.doc
Related RRG statutes (outside of captives, but related)
http://www.scstatehouse.net/code/t38c087.htm
http://www.scstatehouse.net/code/t38c087.doc |
| South Dakota |
http://www.state.sd.us/drr2/reg/insurance/companies/captive.html
At this point, this is only a summary page with a link to contact
them for more info. |
| Utah |
http://www.captive.utah.gov/.
This is among the finest governmental captive insurance websites
we have seen. Information is all there, and it's easy to navigate
to boot. Our congratulations to Utah on a job well done! |
| Vermont |
http://www.vermontcaptive.com/regulations.cfm |
More on the way... |
Other Valuable
Domicile Resources:
-
July
16, 2008: The DCIA Interviews
Delaware Captive Insurance Regulator William P. White, ARe.
Fast links to important Delaware info are provided in this Question
and Answer article!
- April 2008, White
Paper on Captive Insurance Companies prepared for the Reserve
Bank of New Zealand, prepared by the NzCIA. This is a good Captive Basics
white paper, and contains helpful information on New Zealand as a domicile.
- September 11, 2007: Download this informational
PowerPoint presentation from a session presented at the recent NzCIA
Conference entitled, "New
Zealand Captive Insurance Legislation -- The Future."
- July 27, 2007: The
2006 Captive Act Amendments: Revolutionizing Protected Cell Laws in
the District by Stephen F. Donahoe, Muldoon
Murphy & Aguggia LLP. On March 14, 2007, the District of Columbia
amended its captive insurance laws by enacting the Captive Insurance
Company Amendment Act of 2006 (the “2006 Amendments”). The
2006 Amendments update segregated cell provisions included in the District’s
Captive Insurance Company Acts of 2000 and 2004 and offer clear advantages
over other domestic domiciles with respect to protected cell flexibility.
[more...]
- April
26, 2007 Guernsey Update: Guernsey – A Buoyant Captive Domicile
On PCC’s Tenth Birthday.
- From Best
Review Monthly Insurance Magazine, March 2007: Captive
Island. Puerto Rico's long-time plan to become a haven for
captive insurance companies is becoming a reality. This domicile is
open for business! Copyright© 2007 A.M.
Best, reprinted with permission. All rights reserved.
- Malta Update: March
2007 Compliance Bulletin.
- Regulatory
News: Mississippi House Bill 984 on Registration Fee for Risk Retention
Groups. This house bill was sent to us by the good folks in Mississippi
in the aftermath of a March 27 Captive Daily Wire Posting on RRG fees
that was unclear as to which state was involved.
- July 28, 2005 Domicile Update: Malta
makes headlines as a Centre for Captive Insurance.
- A terrific new article written by Conor Jennings
entitled, "Virgin
Captives" is awaiting you. This article features a solid
introduction to captive basics, along with an explanation of numerous
advantages offered to captives who domicile in the British Virgin Islands.
Posted in November 2004.
- Protected
Cell Captives in Malta -- Insurance Companies, Insurance Brokers &
Insurance Managers
- Captive
Governance 101 -- a presentation and supporting articles delivered
at the Cayman 2003 Captive Forum by Monte Jahnke and a panel of experts,
featuring governance issues for multiple domiciles, but with an emphasis
on the Cayman Islands.
|
Fast links to full legislation -- 
Download the