In 2022, Bermuda was home to the largest number of captive insurance companies globally. Captives are special insurance companies set up in order to mitigate the risks of their parent companies. There were 660 captive insurance companies domiciled in Bermuda in 2022.
Leading domiciles of global captive insurance companies from 2019 to 2022, by number of companies
Characteristic
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2022
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According to the source, "a captive is a special type of insurance company set up by a parent company, trade association or group of companies to insure the risks of its owner or owners."
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Insurance Information Institute. (March 18, 2023). Leading domiciles of global captive insurance companies from 2019 to 2022, by number of companies [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/217535/leading-global-captive-domiciles/
Insurance Information Institute. "Leading domiciles of global captive insurance companies from 2019 to 2022, by number of companies." Chart. March 18, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/217535/leading-global-captive-domiciles/
Insurance Information Institute. (2023). Leading domiciles of global captive insurance companies from 2019 to 2022, by number of companies. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/217535/leading-global-captive-domiciles/
Insurance Information Institute. "Leading Domiciles of Global Captive Insurance Companies from 2019 to 2022, by Number of Companies." Statista, Statista Inc., 18 Mar 2023, https://www.statista.com/statistics/217535/leading-global-captive-domiciles/
Insurance Information Institute, Leading domiciles of global captive insurance companies from 2019 to 2022, by number of companies Statista, https://www.statista.com/statistics/217535/leading-global-captive-domiciles/ (last visited August 25, 2024)
Leading domiciles of global captive insurance companies from 2019 to 2022, by number of companies [Graph], Insurance Information Institute, March 18, 2023. [Online]. Available: https://www.statista.com/statistics/217535/leading-global-captive-domiciles/