Overview of Captive Insurance Companies
Captive Market – Growth Path Domestic •
Over 42 states with captive laws on the books
• Significant competition between on-shore domiciles as well as with off-shore jurisdictions – Premium tax breaks – Self-procurement tax planning – Exemptions for certain lines of business • Certain programs can be written only through on-shore captives • State & Local tax considerations • Generally shorter timeline for “captive stand up” as compared to 5–10 years ago
AEC EXECUTIVE ROUNDTABLE
Made with FlippingBook Annual report