Legislation Captive Insurance Law 7/1/87, Ch. 431,
Article 19 of Hawaii Revised Statutes,
Revised 5/13/91
Supervisory Jurisdiction Insurance Commissioner
Application to State of Hawaii, Insurance Division,
Department of Commerce and Consumer Affairs
Data includes Application for Admission, Certificate of
Incorporation, Articles and By-laws,
feasibility study prepared by actuary,
statement of benefit to Hawaii,
biographical affidavits on officers and
directors, list of service providers and
details of service fees, detailed plan of
operation (five year projections)
Reporting Requirements Audited financial statements, corporate
annual report, 
