Capital Requirements per ACA 23-63-1604 & Surplus Requirements per ACA 23-63-1605 

Captive Type

Minimum Capital Requirement

Minimum Surplus Requirement

Association

$400,000

$350,000 (stock insurer)

$750,000 (mutual insurer)

Industrial Insured

$200,000

$300,000 (stock insurer)

$500,000 (mutual insurer)

Pure

$100,000

$150,000

Special Purpose

$300,000

$300,000

Sponsored

$500,000

$500,000

Producer Reinsurance

$300,000

$300,000

Contact the Finance Division for additional information

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