Captive Insurance Company

Actuary Forums Forums Learnings Daily Dose Captive Insurance Company

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    japjotsingh99
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      A captive is an insurance company created and controlled by a business that is not an insurer for the purpose of insuring that company’s risks. It is a type of self-insurance.

      The reason for this might be that the company wants a type of coverage that isn’t available in the marketplace.

      Sent from my SM-J700F using Actuarial Info mobile app

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    Actuary Forums Forums Learnings Daily Dose Captive Insurance Company