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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 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, 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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Adkisson's Captive Insurance Companies, Jay D Adkisson
- Langue
- Année de publication
- 2006
- Reliure
- (souple)
Modes de paiement
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- Titre
- Adkisson's Captive Insurance Companies
- Sous-titre
- An Introduction to Captives, Closely-Held Insurance Companies, and Risk Retention Groups
- Langue
- Anglais
- Auteurs
- Jay D Adkisson
- Éditeur
- iUniverse
- Publié
- 2006
- Format
- souple
- Pages
- 370
- ISBN10
- 0595422373
- ISBN13
- 9780595422371
- Séries
- Catégories
- Mots clés
- 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 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, 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.