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

Adkisson's Captive Insurance Companies: An Introduction to Captives, Closely-Held Insurance Companies, and Risk Retention Groups - Paperback

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Availability:In StockContributor:Jay D. AdkissonPublish date:2006-12-14Pages:372
Language:EnglishPublisher:iUniverseISBN-13:9780595422371ISBN-10:595422373UPC:9780595422371Book Category:Business & EconomicsBook Subcategory:InsuranceSize:9.00 x 6.00 x 0.83 inchesWeight:1.2015Product ID:SCY5MP9HBF
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.
Language:EnglishPublisher:iUniverseISBN-13:9780595422371ISBN-10:595422373UPC:9780595422371Book Category:Business & EconomicsBook Subcategory:InsuranceSize:9.00 x 6.00 x 0.83 inchesWeight:1.2015Product ID:SCY5MP9HBF
Publisher: iUniverse

Contributor(s)

Jay D. Adkisson

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