Saturday, July 20, 2024
Hawai'i Free Press

Current Articles | Archives

Monday, February 2, 2015
Hawaii Ranks 11th in World for Captive Insurance Domiciles
By News Release @ 4:59 PM :: 3560 Views :: Hawaii Statistics


15 New Captive Insurers Licensed in 2014

News Release from DCCA Insurance Division January 29, 2015

HONOLULU — Hawaii Insurance Commissioner Gordon Ito announced today that Hawaii licensed 15 new captive insurers in 2014. The state continues to see solid growth and interest in captives from the U.S. and Asia-Pacific region.

“The captive insurance market is becoming increasingly competitive with additional domiciles vying for the attention of companies,” said Ito. “Hawaii continues to attract owners that want an experienced and business-friendly captive environment with a strategic location in the middle of the Pacific.”

Hawaii is ranked fourth in the U.S. for largest captive domiciles and 11th in the world based on total number of active captive licenses. In fiscal year 2013-2014, Hawaii’s captive insurers wrote more than $2.85 billion in premium volume and generated more than $20 million in economic benefits to Hawaii through various taxes and fees, professional services, annual conferences and visitor industry businesses.

Since Hawaii’s captive legislation was enacted in May 1986, 290 captive insurers have been licensed. Over the past five years, there has been continued growth with an increase in the total combined asset base from $7.22 billion to $15.662 billion. The Captive Insurance Branch staff has increased to meet the growing demands of captives in Hawaii, and has enabled the branch to better serve the industry.

For more information about the Captive Insurance Branch, please visit or call (808) 586-0981.


The Captive Insurance Branch was established to provide dedicated resources to assist the Insurance Commissioner with monitoring, regulation and development of captive insurance companies in Hawaii.

The Hawaii Insurance Division oversees the Hawaii insurance industry; issues licenses; examines the fiscal condition of Hawaii-based companies; reviews rate and policy filings; and investigates insurance related complaints.


TEXT "follow HawaiiFreePress" to 40404

Register to Vote


Aloha Pregnancy Care Center


Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii


Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together


Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii


OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii