Your Results May Vary – An Updated Look at RRG Financial Exam Costs
White Paper Summary
When captive managers present domicile options to prospective captive owners, they often go into great detail highlighting the differences in resident agents, capitalization, taxes and fees, board meeting requirements and other differentiators. The costs associated with financial examinations are a detail that is often neglected. One reason for the frequent exclusion of financial exam costs in domicile comparisons is that there is regularly not a fixed cost or budget for financial exams. So, do financial costs really differ significantly by captive domicile? The answer requires a deeper dive into captive financial statements.
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