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CANADIAN CAPTIVE INSURANCE ASSOCIATION

 

BECOME A MEMBER

Join Us Today

Informative Interview
Standing Meeting
Casual Business Meeting

BASIC MEMBERSHIP

Basic membership is free and includes access to online resources, newsletters and information on upcoming events.

EXISTING COMPANY MEMBERSHIP

Companies with at least one existing member can add additional members for $25 CAD each.  Membership includes all of the features of New Company Membership.

NEW COMPANY MEMBERSHIP

New companies can join at a cost of $100 CAD per year.  Membership includes discounted rates on events, invitations to regular meetings, access to online resources, newsletters and information on upcoming events.

 
 

BRITISH COLUMBIA LEADS THE WAY AS A DOMICILE FOR CAPTIVE INSURANCE

 
Standing Meeting

TAXATION

  • Tax deferral for captive insurance premiums

  • No federal excise tax

  • No provincial income tax on foreign risks

  • Tax rate of 19% on foreign risks; 30% on domestic risks

  • Deductibility of loss reserves

  • No "mind and management" issue

  • Low tax risk

  • Ability to utilize any captive losses against other Canadian income

  • Reduced offshore tax rate may be offset by increased costs of operation

  • Reduced offshore tax rate is not available for Canadian risks

A POSITIVE REGULATORY ENVIRONMENT

  • Flexible captive insurance legislation

  • No specific solvency ratios

  • Easy access to reinsurance markets

  • Considerable latitude in the scope of allowable investments

Casual Business Meeting
Modern Work Space

REASONABLE CAPITALIZATION REQUIREMENTS

  • $200,000 CAN minimum share equity

  • Availability of high quality professional services

CONTACT US

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