DC Captive Domicile Information The Captive Insurance Company Act of 2004 provides significant new opportunities for businesses to insure themselves instead of seeking insurance in the commercial market. A captive insurance company, or captive, is an insurance company that is formed to insure the risks of its owners. Why Form a Captive? Captives allow businesses to gain greater control of the organization's ability to identify, manage, and finance insurable risks. The potential advantages include: insurance costs, improved control of cash and investment income, direct access to reinsurers, and greater participation in risk management and claims activities. 1. General captive information Why Choose DC?* Frequently Asked Questions About Captive Insurance Companies and the District of Columbia* Forming a Captive in the District of Columbia Certification Fees* 2. Applications and Forms Captive Insurance Company Application* Application for Approval as a Captive Manager* Biographical Affidavit*  Financial Pro Forma Template (Required) Individual Certified Public Accountant Application* Renewal Form* Sample Letter of Credit Form*   3. Financial reporting and premium tax information 2007 Annual Reporting and Tax Requirement Notice* 2007 DC Captive and Domestic RRG Tax Return* 2007 DC Captive Reporting Blank Form 4. Examination reports AssureCare, A Risk Retention Group, as of December 31, 2005* Capitol Specialty Insurance, Ltd. and Capitol Specialty Insurance Risk Retention Group, Inc., for the period of January 1, 2005 through June 30, 2005*  Global International Insurance Company, Inc., A Risk Retention Group, as of December 31, 2006* National Contractors Insurance Company, Inc., A Risk Retention Group, as of December 31, 2006* ProBuilders Specialty Insurance Company, A Risk Retention Group, as of December 31, 2005* 5. Laws and regulations Captive Act 2004*  Captive Insurance Company Amendment Act of 2006* Special Purpose Financial Captive Authorization Amendment Act of 2006* Captive Insurance Company Regulations*   * This document is presented in Portable Document Format (PDF) and a PDF reader is required for viewing. Download a PDF reader or learn more about PDFs.