Recently, the U.S. states of Nevada, Hawaii and Kentucky released their 2016 captive data.

        By the end of 2016, Nevada had 203 captive insurers, including 169 pure captives, 15 risk retention groups (RRGs), 9 association captives, 7 sponsored captives, 2 agency captives and 1 captive branch. During the year, Nevada newly registered 30 captive insurers, including 27 pure captives, 2 association captives and 1 sponsored captive.

        By the end of 2016, Hawaii had 208 active captive insurers, having added 16 new captive insurers during the year, including 14 pure captives, 1 risk retention group and 1 sponsored captive. A total of 5 captive insurers exited the market during the year.

        By the end of 2016, Kentucky had 84 active captive insurers, including 73 pure captives, 8 association captives and 3 risk retention groups. Premium income was about US$96 million, down from US$105 million in 2015.

        Kentucky's captive industry has experienced dramatic ups and downs in recent years. After a period of rapid development from 2007 to 2012, it also saw a large-scale wave of exits in 2014-2015. In 2015, 31 captive insurers were dissolved and only one captive was added. In 2016, 9 were dissolved due to mergers, redomestication or ceasing to underwrite new business, while only 2 new captive insurers were added that year.