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Adkisson's Captive Insurance Companies : An Introduction to Captives, Closely-Held Insurance Companies, and Risk Retention Groups
by Jay D. Adkisson


Overview - 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.  Read more...

 
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More About Adkisson's Captive Insurance Companies by Jay D. Adkisson
 
 
 
Overview
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 profit from underwriting the risks of others. "Adkisson's Captive Insurance Companies" provides a basic introduction to captives and their benefits, including: utilize your own experience ratings; recapture underwriting profits; underwrite exposed risks and deductibles; access the reinsurance markets; and transfer wealth between generations. This book also provides a unique look at the wealth transfer, accumulation and preservation advantages of captives, as well as an overview of the types of captives, taxation of captives, and captive domiciles.


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Details
  • ISBN-13: 9780595422371
  • ISBN-10: 0595422373
  • Publisher: iUniverse
  • Publish Date: December 2006
  • Page Count: 372


Related Categories

Books > Business & Economics > Insurance - General

 
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