Posts Tagged Captive
Captive Insurance Companies in Risk Management
Product Description
The world is getting increasingly complex and interconnected. Consequently it is very important for companies to manage and control their risks efficiently. Traditional risk management tools such as commercial insurance or securitization have been deemed insufficient and therefore new instruments were necessary. These are the so-called Alternative Risk Transfer and Alternative Risk Finance methods. The most widely used form is Captive Insurance. The first part in… More >>
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Adkisson’s Captive Insurance Companies: An Introduction to Captives, Closely-Held Insurance Companies, and Risk Retention Groups
Product Description
A captive insurance company is, in a nutshell, an insurance company formed by a business owner to insure the risks of the operating business. The operating business pays premiums to the captive, and the captive insures the risks of the operating business. A captive is much more than an exotic form of self-insurance: It is the creation of a new insurance company that has the potential to grow from being a mere captive into a full-blown insurance company seeking to pr… More >>
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