Micronesia · Oceania · class K

Captives and risk retention groups in Micronesia

23 licensed captives and risk retention groups, 72% of the 32 insurance entities supervised by the FSM Insurance Board. Captives, risk retention groups, sponsored cells and special-purpose reinsurers licensed in a captive domicile to insure their owners’ risks.

CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
au Reinsurance Corporation
Licensed captive insurance company (licence date December 23, 2016) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Eastern Pacific Insurance, Ltd.
Licensed captive insurance company (licence date October 29, 2013) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Grand Cru Insurance Company Limited
Licensed captive insurance company (licence date February 20, 2018) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Green Sun Insurance, Inc.
Licensed captive insurance company (licence date March 16, 2015) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Hanwa Reinsurance Corporation
Licensed captive insurance company (licence date December 15, 2017) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
HS Insurance Co., Ltd.
Licensed captive insurance company (licence date February 16, 2017) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Island Reinsurance Corporation
Licensed captive insurance company (licence date June 23, 2011) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
IX Micronesia Reinsurance Corporation
Licensed captive insurance company (licence date February 1, 2018) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Ks Insurance Inc.
Licensed captive insurance company (licence date September 17, 2021) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Marble Reinsurance Corporation
Licensed captive insurance company (licence date September 23, 2009) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
MIMOSA Insurance Company Limited
Licensed captive insurance company (licence date August 08, 2022) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
MP Insurance Corporation
Licensed captive insurance company (licence date June 28, 2013) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Nitto Reinsurance Micronesia Co., Ltd.
Licensed captive insurance company (licence date July 18, 2017) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
NRI Reinsurance Micronesia Ltd.
Licensed captive insurance company (licence date July 27, 2017) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Permcore Insurance Co., Ltd.
Licensed captive insurance company (licence date March 1, 2010) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Rainbowseeker Insurance, Inc.
Licensed captive insurance company (licence date March 29, 2011) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
SKK Insurance Company Limited
Licensed captive insurance company (licence date March 13, 2018) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Sojitz Reinsurance Company Limited
Licensed captive insurance company (licence date September 16, 2015) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Sumida Insurance Company
Licensed captive insurance company (licence date December 23, 2015) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Thanks Insurance Corporation
Licensed captive insurance company (licence date April 24, 2012) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
Toyota Tsusho Reinsurance Micronesia Corporation
Licensed captive insurance company (licence date September 28, 2010) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
TriFork Reinsurance Corporation
Licensed captive insurance company (licence date June 25, 2013) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—
U-Reinsurance Management Co., Ltd.
Licensed captive insurance company (licence date June 17, 2025) under the captive provisions of Title 37 FSMC. Captive details are confidential (s.1004); the FSMIB markets the domicile to Japan-based groups, so FM is presumed. Ownership not researched.
KCaptive / Risk retention groupParent not named in registerForeign multinationalFSMIBVerified—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About captives and risk retention groups in Micronesia

How many captives and risk retention groups are licensed in Micronesia?

23 of the 32 licensed insurance entities this directory lists in Micronesia are classified as captive / risk retention group (72%). Verified against the regulator register.

Who regulates captives and risk retention groups in Micronesia?

FSM Insurance Board (FSMIB). Regime: Insurance Act of 2006 (Title 37 FSM Code, as amended) for domestic, registered foreign and captive insurers; FSM Insurance Board supervision. Official website: https://fsminsuranceboard.com.

Who owns the captives and risk retention groups in Micronesia?

All 23 licensed captives and risk retention groups in Micronesia are subsidiaries of foreign multinational groups, as recorded in the register.

Data: /api/v1/countries/micronesia.json (filter by class = "captive-risk-retention-group"). Licence CC BY 4.0, attribute KAFS North America.