Nevis is a well-adjusted and regulated domicile highlighted by proper licensing criteria, efficient processing and responsive staff all based on a unique legislation that adheres to the international standards of insurance supervision. This jurisdiction allows for each company to be regulated accordingly through a risk based supervision model.
[Last updated: 21/07/16]
Registrar of International Insurance
Regulation & Supervision Department
Nevis Financial Services
Ministry of Finance
Main Street, Charlestown
Nevis, West Indies
Name of Captive Legislation
Nevis International Insurance Ordinance Cap 7.07(NIIO)
Year Legislation Passed
Nevis International Insurance (Amendment) Regulations 2014
Nevis International Insurance (Amendment) Ordinance 2009
Do you allow Cell Captives?
Total Number of Licenced Captives
Number of Cell Captives
Number of licences granted in the past year (2015 calendar year)
Approximate (or Average) length of time to process a new captive
Between 10 and 14 working days
Captive tax rates
Minimum capitalisation rate
$10,000 - $50,000
US$10,000 Single-Owner Captive
US$20,000 Less than 5 Owners Captive
US$50,000 5 or more Owners Captive
$3,400 flat rate
Industry sectors best represented in the domicile
Top 5 uses for captives in the domicile
Contingent business interruption
Loss of key employee
Total premiums received by the Captives
Total value of assets under management
Captive Insurance Managers registered to conduct business in the domicile
Active Insurance Management Limited
Alternative Risk Management Services, Inc.
AMS Insurance (Nevis) Limited
Artex Risk Solutions, Inc.
Atlas Insurance Management (Nevis) Limited
Blue Water Insurance Management, LLC
Cambridge Management Limited
Fidelis Management, Inc.
Gibraltar Trust Co. Ltd.
Heritor Management Ltd
Hyperion Insurance Management (Nevis) Limited
Lighthouse Captive Management Ltd
Occidental Insurance Management, LLC
Risk International Captive Managers Inc.
Risk Management Advisors, Inc
RMC Consultants Ltd
Spectrum Management & Consulting Ltd.