‹ CIB 1.3 Classes of Captive Insurance Business CIB 1.3.2 › CIB 1.3.1 A Captive Insurer is an Authorised Person permitted under the conditions of its Financial Services Permission to carry on Captive Insurance Business as a Class 1, Class 2, Class 3 or Class 4 Captive Insurer. ‹ CIB 1.3 Classes of Captive Insurance Business CIB 1.3.2 ›