New Zealand
New Zealand does not have specific captive-only legislation, instead governing all insurance through the IPSA 2010 act. Captives are explicitly exempt from the financial strength rating requirements that apply to traditional insurers. To obtain a license, a captive must demonstrate 'fitness for business' and the capacity to manage its specific risks.
Quick Facts
Minimum Capital & Surplus
| Structure Type | Minimum Capital |
|---|---|
| Requirement | Must demonstrate sufficient financial strength |
Regulatory Framework
Insurance (Prudential Supervision) Act 2010
Tax Environment
Captives with no NZ business may fall outside IPSA scope
Regulatory & Statistical Profile
Statistical profile pending verification for this domicile.
checklist Authorized Captive Structures
List of authorized captive structures pending verification.
payments Fees & Solvency Compliance
gavel Regulatory Contact Office
Considering New Zealand for Your Captive?
Our consultants provide end-to-end guidance on domicile selection, feasibility, and formation. Let us help you determine if New Zealand is the right fit.