About Captive
Delaware’s Captive Bureau Is Business at the Next Level In Delaware, our captive regulators are dedicated exclusively to our captive insurance community’s needs, and work under the direction of our Captive Bureau leadership, directed by Stephen Taylor. There are 36 individuals working on Delaware’s Captive team. Of this total, 16 are financial analysts and […]
Read MoreVideos
Videos from the Captive Insurance Watch these educational videos to learn more about the Captive Insurance. Captive Insurance Legislation reintroduced by two U.S. senators from captive domiciles proposes to amend the Nonadmitted and Reinsurance Reform Act of 2010, which determines how surplus lines taxes are paid by nonadmitted insurers. Watch Video Captive Insurance Delaware’s Insurance […]
Read MoreCommissioner’s Interview Video
Captive Proponents Push to Clarify Premium Tax Issue Legislation reintroduced by two U.S. senators from captive domiciles proposes to amend the Nonadmitted and Reinsurance Reform Act of 2010, which determines how surplus lines taxes are paid by nonadmitted insurers.
Read MoreRegulatory Notices
Below is a list of regulatory notices that can be found on this Captive website: 2024 Guidance on Dissolutions and Dormancy Status 2024 Application Process Tips and Reminders 2023 Annual Captive Tax and Fees Report REVISED: 1/31/2023 2023 Guidance on Dissolutions and Dormancy Status 2022 February Money Market Mutual Fund List 2021 Application Process Tips […]
Read MoreTaxes & Fees
APPLICATION Captive Application Fee $300/Processing Fee $3,200 Series Application Fee $300/Processing Fee $3,200 Annual CERTIFICATE OF AUTHORITY RENEWAL FEE is due on April 15th annually. The $400 Renewal Fee for all captive companies is payable to the Delaware Department of Insurance on the Premium Tax and Fees Report. PREMIUM TAX is due by April 15th […]
Read MoreAnnual Filing Requirements
The date that a Captive is licensed is the date filing responsibilities commence. If a Captive is licensed in the year 2015 the captive must meet the filing requirements for 2015. Pure Captives, Core LLCs and Series Captive Insurance Companies Agency, Industrial, Sponsored and Special Purpose Captives other than Series LLCs Association Captives Captive Companies […]
Read MoreRedomestication
Companies wanting to redomesticate a captive insurance company to the State of Delaware will need to file the following documentation with the Captive Bureau. The forms can be found on the forms page: Form A-1 Captive Application for Certificate of Authority Strategic Business Plan Form B-1 Biographical Affidavits Form D-1 Designation to Receive Department of […]
Read MoreAuthorized Service Providers
The following are the business entities authorized in Delaware to serve captive insurance companies. To become an authorized service provider, submit an application to: Administrator, Captive Insurance Program Delaware Department of Insurance 503 Carr Road Suite 303 Wilmington, DE 19809 The following forms are required and can be found on the forms page: Actuaries […]
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