Report: World Domicile Update

The statistics are in. Captive Review forecasts there are 6,618 active captives around the world at year-end 2016.  This number includes cell companies and series cores, but not individual cells or series.

Fifty-five domiciles, from Vermont and Singapore to Switzerland and Puerto Rico, took part in this year’s World Domicile Update, sponsored by Liptz & Associates, which breaks down new formation and surrendered licence activity by region and type.

There were 616 new licences issued during 2016, while 407 licences were surrendered during the calendar year. This means there was a net increase of 209 captives around the world.

The full World Domicile Update, sponsored by Liptz & Associates, can be accessed below:

AM Best assigns ratings to OneNexus’ Oklahoma captive

Oklahoma
OneNexus Oklahoma Captive Corp started writing business in 2023 as a special purpose insurer providing contractual liability insurance...
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CIC appoints new VP of people and operations

Jake Ridgway joins CIC Services with responsibilities including performance management, compensation strategy, employee development and multiple process improvement...
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Marsh leans into innovation and ART as captive trends evolve

As markets shift and Marsh Captive Solutions conducts more strategic reviews than feasibility studies for the first time...
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Property losses take ADM captive to negative ratings outlook

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Vermont-domiciled Agrinational is the captive of Archer Daniels Midland Company (ADM) and has reported ongoing volatility in its...
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