Mission Statement
Why BC as a Domicile?
Captive Insurance Opportunity
Insurance Act
Insurance Act
Regulation
BC Amends Rules For Non-Canadian Risks

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Regulatory environment:

  • Flexible captive insurance legislation
  • No specific solvency ratios
  • No policy form or rate requirements
  • Easy access to reinsurance markets
  • Considerable latitude in the scope of allowable investments



  •   Reasonable capitalization requirements:
    Cdn $200,000 minimum share equity

    Availability of high quality professional services

    Quick and efficient procedures for organizing and activating the captive

    Taxation

  • No federal excise tax
  • FAPI rules not applicable
  • Deductibility of loss reserves
  • No "mind and management" question
  • Lower operating costs relative to other domiciles

    Compatibility of local language, currency and customs

    Economic, political and social stability

    Time zone convenience for Pacific Rim and North America