public Onshore (Canada)

Alberta

Alberta does not have dedicated captive insurance legislation, but captives can be established under the province's general Insurance Act with approval from the Alberta Superintendent of Insurance. The province's strong energy and natural resource sectors create significant demand for alternative risk transfer mechanisms. Alberta offers a business-friendly regulatory environment and competitive corporate tax rates, making it an emerging consideration for Canadian enterprises exploring captive solutions.

Quick Facts

Jurisdiction
Onshore (Canada)
Legislation
Alberta Insurance Act (General Provisions)
Tax Environment
Provincial premium taxes apply; competitive corporate tax rate of 8%
Contact
Alberta Superintendent of Insurance
tbf.insurance-licens@gov.ab.ca
Financial Requirements

Minimum Capital & Surplus

Structure Type Minimum Capital
Single parent captives Capital Guideline for Captive Insurance Companies – November 2025
info

Regulatory Framework

Alberta Insurance Act (General Provisions)

account_balance_wallet

Tax Environment

Provincial premium taxes apply; competitive corporate tax rate of 8%

Detailed Profile

Regulatory & Statistical Profile

bar_chart Captive Market Volume

Reporting Year 2025
Total Active Captives 37
New Captives Licensed 6
Surrendered Licenses 0

pie_chart Structure Distribution

Pure / Single Parent 37
Group / Association 0
Sponsored / Cell Captives 0
Individual Segregated Cells Pending verification
Other Allowed Types 0

checklist Authorized Captive Structures

Single parent captives

payments Fees & Solvency Compliance

Year Legislation Passed
2022
Licensing Speed
Pending verification
Premium Tax Rate
Pending verification
Incorporation / Initial Fee
Pending verification
Annual Maintenance Fee
Pending verification
Annual Filing Requirements
Pending verification

gavel Regulatory Contact Office

Supervisory Authority
Alberta Treasury Board and Finance
https://www.alberta.ca/information-for-captive-insurers open_in_new
Office Address
Alberta Superintendent of Insurance, Alberta Treasury Board and Finance, Financial Sector Regulation and Policy, 402 Terrace Building, 9515 107 Street, Edmonton, Alberta T5K 2C3
Regulatory Department Staff
Pending verification
Captive Administrator
Alberta Superintendent of Insurance
tbf.insurance-licens@gov.ab.ca
Phone: 780-643-2237
Fax: 780-420-0752

Considering Alberta for Your Captive?

Our consultants provide end-to-end guidance on domicile selection, feasibility, and formation. Let us help you determine if Alberta is the right fit.

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