domicile

Nevada Captive Insurance: Regulations, Requirements & Providers

Long-established US captive domicile with no state income tax.

1 active provider

How are these providers ranked?

At a glance

Jurisdiction
Nevada
Domicile type
US onshore captive domicile
Active providers on Bastivo
1

Key characteristics

  • Regulated under Nevada Revised Statutes Chapter 694C by the Division of Insurance's captive insurance program
  • Licenses pure, association, agency, rental (sponsored) and branch captives
  • 254 licensed captive insurers at year-end 2023, including roughly 100 non-cell captives
  • Minimum starting capital and surplus ranges from $200,000 for a pure captive to $800,000 for a rental captive
  • Tiered premium tax on direct and assumed reinsurance premiums, with a $5,000 annual minimum and a $175,000 aggregate cap (assessed per cell for sponsored captives)

Primary sources

Considering Nevada

Why companies consider Nevada

  • No personal or corporate income tax in Nevada
  • One of the country's oldest captive programs, in continuous operation since 1999
  • A capped aggregate premium tax that limits the total annual tax burden regardless of premium volume
  • Support for series LLC structures and segregated cell programmes

Key considerations

  • The number of licensed captives (excluding cells) has declined in recent years even as cell formations have grown — ask a prospective manager about current program activity
  • Rental (sponsored) captives carry the highest minimum capital and surplus of Nevada's captive types, at $800,000
  • Two or more captives under common ownership and control are taxed as a single captive for premium-tax purposes
  • Confirm current fees, minimums and tax figures with the Division of Insurance or a licensed captive manager

Each card shows how that provider relates to Nevada — headquartered here, an office here, or serving the domicile.

Providers for Nevada

1 company

Oct 20, 2026How are these providers ranked?

Risk Services, LLC

Unclaimed
Serves this domicile
No reviews yetriskservcos.com1605 Main Street, Suite 800, Sarasota, Florida 34236, United States
  • Risk Consulting
  • Captive Feasibility Studies
  • Underwriting
  • Regulatory Compliance
  • Captive Management Services
  • Captive Accounting
  • +1 more

Risk Services, LLC is a full-service captive insurance manager providing formation, licensing, accounting, financial reporting, regulatory compliance, underwriting, policyholder administration, reinsurance intermediary and fronting support services.

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