- Early entrant into US captive market has resulted in sophisticated captive infrastructure
- Special purpose captives gives regulator and owners flexibility
- State has not targeted local businesses for re-domestications
- Branch captives under discussion for future legislation
The proficiency and autonomous nature of the captive division is one of the mains reasons South Carolina has become a popular domicile option in the United States, according to regulators and local industry professionals.
The State benefited from being one of the early adopters of captive legislation in the United States, with its 2001 law coinciding with the beginning of a hard commercial insurance market.
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