domicile
The location or venue in which a captive insurer is licensed to do business.
There are a number of factors that must be considered in selecting the best
domicile for a given captive, including capitalization and surplus requirements,
investment restrictions, income and local taxes, formation costs, acceptance
by fronting insurers and reinsurers, availability of banking and other services,
and proximity considerations.
Links for IRMI Online Subscribers Only:
RF IV.H