There are over 5,000 captive insurance companies in the world today, accounting for several billion dollars in premiums. The smart captive does not place its business somewhere based on what next year's profits might be; it does it with an eye to where things might be in five or 10 years. A growing number of US states and foreign countries are opening their doors to captive insurers, and established domiciles are working to refine their regulations and improve service to make them more enticing. And as competitive as the domicile market was last year, it is even more so now and promises to get even tighter in the years to come. Presented is a review of the world's 25 largest captive domiciles. Many of the domiciles will be familiar from this publication's previous Captive Domicile Reviews, while others are new to the list and some have shown great progress during the last year.
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