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Oklahoma Insurance Department Financial Division 3625 NW 56th Street, Ste 100 Oklahoma City, OK 731124511 APPLICATION TO CERTIFY LOSS AND EXPENSE RESERVES FOR CAPTIVE INSURANCE COMPANIES To the Commissioner

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What is captive actuary application?

Captive actuary application is a form that must be filed by insurance companies that operate as captives, which are typically created to provide coverage primarily for the risks of its owners.

Who is required to file captive actuary application?

Insurance companies that operate as captives, providing coverage primarily for the risks of its owners, are required to file captive actuary application.

How to fill out captive actuary application?

To fill out the captive actuary application, you need to provide accurate and complete information about the captive insurance company and its operation. The application form can usually be obtained from the regulatory authority overseeing captive insurance operations.

What is the purpose of captive actuary application?

The purpose of captive actuary application is to ensure that the captive insurance company is adequately funded and can meet its obligations to policyholders and claimants.

What information must be reported on captive actuary application?

The captive actuary application typically requires information about the financial condition of the captive insurance company, its assets and liabilities, risk profile, loss reserves, premium volume, and other relevant data.

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