Panama
Captive insurance in Panama is subject to Law 60 of 1996, which distinguishes between long-term life risks and general risks. In Panama, local risks are generally not insurable; the law focuses on foreign risks managed from a physically identified office in Panama. Obtaining a license is a two-stage process involving legal vehicle registration followed by a superintendent license request.
Quick Facts
Minimum Capital & Surplus
| Structure Type | Minimum Capital |
|---|---|
| General Risks | $150,000 |
| Long-term Risks | $250,000 |
Regulatory Framework
Law 60 of 1996
Tax Environment
$2,000 annual service fee
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 Panama for Your Captive?
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