New Zealand captive domicile overview
2025-10-31
No dedicated captive legislation; captives must be licensed under the Insurance (Prudential Supervision) Act 2010 - limited appeal as a domicile.
| Active captives | No dedicated captive licence class; ~7 captives owned by NZ parents (2023, Lockton) |
| Minimum capital | No fixed minimum; set case-by-case under RBNZ Interim Solvency Standard 2023 |
| Tax treatment | No dedicated premium tax; standard corporate income tax applies |
| Regulator | Reserve Bank of New Zealand (RBNZ) |
Data updated October 2026, compiled from regulator statistics and industry sources (Captive Review, Business Insurance, etc.). Figures refer to the most recent available year; please refer to regulator disclosures for the latest data.