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Hawaii Captive Domicile Featured in Captive.com

Hawaii Captive Domicile Featured in Captive.com

Hawaii has the distinction of being both one of the oldest and largest captive domiciles in the United States.

In 1986, Hawaii lawmakers passed legislation authorizing the formation of captive insurance companies in the state. Growth in the number of captives since then has been near continuous. Indeed, since 2013, the number of Hawaii captives has increased 25 percent, rising to 201 at the end of 2018, up from 184 in 2013.

The increase in Hawaii captives, though, is far overshadowed by their huge premium growth. In 2017, for example, Hawaii captives generated $7.35 billion in premiums, a more than 250 percent increase compared to 2013. Read Full Post Here