The Number of Captive Insurers in 2016
February 17, 2017
A chart on the total number of active captive insurance companies was compiled by Strategic Risk Solutions (SRS) and presented at the
recent SRS webinar "2017—A Pivotal Year for the Captive Market." Active captive counts in
Bermuda, Cayman, and 18 US domiciles were estimated and are listed below. The overall active
captive count for all of the domiciles reported increased 4.4 percent from 3,987 in 2015 to
4,163 at the end of 2016.
|
Domicile |
2016 |
Percent Change from prior year |
|
Bermuda |
797 |
0.0 |
|
Cayman |
708 |
0.1 |
|
Vermont |
584 |
−0.7 |
|
Utah |
462 |
6.0 |
|
Nevada |
208 |
3.5 |
|
Hawaii |
207 |
5.1 |
|
North Carolina |
190 |
102.1 |
|
Montana |
183 |
−4.2 |
|
South Carolina |
164 |
−1.8 |
|
Tennessee |
141 |
21.6 |
|
Arizona |
113 |
2.7 |
|
Kentucky |
84 |
−7.7 |
|
District of Columbia |
82 |
3.8 |
|
Oklahoma |
75 |
2.7 |
|
Missouri |
48 |
0.0 |
|
Texas |
32 |
52.4 |
|
Georgia |
27 |
68.8 |
|
New Jersey |
23 |
4.5 |
|
Michigan |
20 |
−13.0 |
|
Connecticut |
15 |
50.0 |
|
Total |
4,163 |
4.4 |
February 17, 2017
