Domicile selection is a key consideration when choosing to establish a captive insurance company. The selected domicile can impact the viability of that captive.
In the past once a captive was established it was rare to change domiciles, however, nowadays with the changing regulatory environment it is more common to review domiciles and a periodic review is considered good corporate governance.
What’s in the guide?
In the guide, Lockton spotlights the following five domiciles:
The guide provides helpful insights on solvency and capital requirements, plus the nine key considerations for domicile selection:
2. Surplus requirements
3. Investment restrictions
4. Reporting and regulatory reviews
5. Loss-reserving requirements
6. Income and local taxes
7. Overall regulatory climate
8. Formation costs
9. Management and legal fees
Click the download button (located on the right for desktop users and at the bottom for mobile users) and fill out the form to access the report.