France's 2023 "provision pour résilience" tax incentive drove explosive captive growth: from 4 ACPR captives in 2019 → 27 by end-2026. Source: French Treasury Trésor DG Feb 2026 + ACPR register.
24
Active Captive Total (DB covers 30/24)
~10 pending
Applications in progress (Feb 2026)
ACPR
Regulator
25%
Corporate Tax Rate
Trends by Year — captive
France Captive Count 2019-2025
Key Captive Companies
| # | Company Name | Domicile | License Year |
|---|---|---|---|
| 1 | CNPC Captive (Baidu) Insurance Co., Ltd. | Beijing | 2013 |
| 2 | China Railway Captive Insurance Co., Ltd. | Beijing | 2015 |
| 3 | COSCO Shipping Captive Insurance Co., Ltd. | Shanghai | 2017 |
| 4 | Guangdong Energy Captive Insurance Co., Ltd. | Guangzhou | 2017 |