- Mostly home to domestic, Swedish-owned single parent captives
- Captives in Sweden can write direct, reinsure and utilise a contingency reserve
- Swedish law does not enforce IFRS 17 reporting standards
- Formation costs in Sweden considered expensive
The utilisation of captives in Sweden and the Nordic region more widely is expanding as more organisations are made aware of the risk financing benefits.
Although captives have existed in Sweden since the 1970s the jurisdiction does not have specific captive legislation in place, with Solvency II providing the regulatory framework.
Subscribe to Ci Premium to continue reading
Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.
