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Utah is a popular U.S. captive domicile. Sources: DOI, NAIC, Business Insurance, A.M. Best.
354
Active Captives ( · CICA 2025) (DB 156/354) (DB covers 156/354
US$22B
Total Premium (2025)
6%
State Corporate Tax
2003
Captive Industry Origin
Utah Captive Premium (USD million, 2005-2024
Utah Captive Count by Year (2012-2024
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 |