Norway has only 3 local Class X captives (GARD Marine P&I, Equinor Insurance AS). Most Norwegian groups (Norsk Hydro, Yara, Aker) domicile captives in Luxembourg/Ireland. Source: Finanstilsynet Register + SCOR 2022.
8
Active Captive Total (DB covers 18/8)
Finanstilsynet
Regulator
Local Registered Captive Count (1985-2025 · Finanstilsynet ， Statoil captive
Norway Captive Count 2018-2025
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 |