Labuan IBFC is Asia Pacific’s leading midshore jurisdiction, home to Asia’s fastest growing reinsurance and captive market. Boasting a wide range of self-insurance vehicles, including PCCs, captives are an integral part of approximately 200 licensees in the reinsurance eco system.
Due to its EEA membership and its special relationship with Switzerland, Liechtenstein is the only insurance centre that offers insurance undertakings direct access both to the countries of the European Economic Area and to Switzerland.
Strategic position in the heart of Europe, stable political environment, largest domicile for reinsurance companies in the European Union and one of the largest in the world, flexible and open-minded authorities, excellent infrastructure
The State of Maine has no premium tax for captives. As such, captives operating without income pay no tax.
Marsh Management Services (Dublin) Limited, established in 1989 is a leading captive manager with more than 110 companies under management. While these are predominantly insurance and reinsurance entities, we also manage finance companies, and asset and risk securitisation vehicles. Our innovative approach and global outreach, paired with our local knowledge, enables us to help captive owners achieve the maximum possible benefits from their captive.
Missouri is the premier captive domicile in Mid-America with more direct flights in and out of the state than most major captive domiciles. With an experienced staff, low examination cost, and flexible laws allowing individualized company regulation, the Captive Program of the Missouri Department of Commerce and Insurance has the ability to provide the level of regulation needed for nearly any situation.
Montana is well-positioned for a bright future in the captive arena, with a growing infrastructure of industry service providers, a dedicated regulatory team at the Commissioner’s office, and elected lawmakers who have shown a history of ensuring that Montana’s laws evolve with the industry.
Currently, Nevada has over 200 active captive insurers. As one of the country’s oldest captive domiciles, Nevada enjoys a strong working relationship with service providers from around the world. In recent years, Nevada has seen rapid growth in captive utilization by many important new segments of our state and national economy, e.g. bio-tech, alternative energy, multi-national transportation and manufacturing as well as significant growth in captives for financial institutions. Nevada continues to lead the nation in formations of risk retention groups. Nevada also offers some of the very best regulatory options for captive formations including series LLC’s and segregated cell captive plans. When added to Nevada’s expedited approval process and nation-leading program support, Nevada continues growing its captive programs to support healthy risk alternative programs.
New Jersey’s Captive Law provides significant new opportunities for businesses to better manage their own risk by insuring themselves instead of seeking insurance in the commercial market. New Jersey is open to the formation of new captives as well as the redomestication of existing captives. We promise a robust, efficient admissions process that is transparent and flexible.
In 2013, Oklahoma Insurance Commissioner John Doak worked with the Oklahoma Legislature to complete a major revision of the state’s captive insurance law. The Oklahoma Insurance Department Captive Insurance Division works hard to ensure that Oklahoma is the domicile of choice through modernized laws and regulations, business-friendly requirements and forms, and fast, responsive staff.