Captive

Share

A company that is wholly owned and controlled by another company, designed to insure the risks of the parent. The parent organisation can benefit from the underwriting profits of its captive insurer.

Essentially, a captive is a form of self-insurance, and organisations establish captive’s for a number of reasons. This includes an inability to find adequate or efficient protection from a third-party, and potential tax savings through paid premiums to the captive.

———————————————————————
Artemis Live - ILS and reinsurance video interviews and podcastView all of our Artemis Live video interviews and subscribe to our podcast.

All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online.

Our Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.

Print Friendly, PDF & Email