what is meaning of captive insurance?what are the coverage n benefits by using this type of insurance by some of offshore company?
Total Comments: 1
Posted: Mon Jul 04, 2011 09:15 am Post Subject:
There are certain captive insurance companies that are established with the definite and prime idea of financing risks originating from their parent group/groups.
Using a captive insurance is a risk management technique by which a business forms its own insurance company subsidiary to fund its preserved losses in a formal structure.
Posted: Mon Jul 04, 2011 09:15 am Post Subject:
There are certain captive insurance companies that are established with the definite and prime idea of financing risks originating from their parent group/groups.
Using a captive insurance is a risk management technique by which a business forms its own insurance company subsidiary to fund its preserved losses in a formal structure.
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