Fees

Captives and Pure Reinsurers

Description Frequency Fee Amount
Application Fee Once upon filing of application € 1,800
Licensing Fee Once upon acceptance of application € 2,500
Supervision Fee Annual € 5,000

 

Direct Writers and combined Insurance/Reinsurance

Description Frequency Fee Amount
Application Fee    
(i) Long Term Business Once upon filing of application € 250 per class of long-term business subject to a minimum fee of €1,000
(ii) General Business Once upon filing of application € 75 per class of general business subject to a minimum fee of €750.
Licensing Fee    
(i) Long Term Business Once upon acceptance of application € 250 per class of long-term business subject to a minimum fee of €1,000
(ii) General Business Once upon filing of application € 75 per class of general business subject to a minimum fee of €750.
Supervision Fee    
  Annual Ranges from a minimum of € 5,500 to a maximum of €37,500 according to the amount of gross premiums receivable in each financial year.