| Adkisson's Captive Insurance Companies: An Introduction to Captives, Closely-Held Insurance Companies, and Risk Retention Groups Contributor(s): Adkisson, Jay D. (Author) |
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ISBN: 0595422373 ISBN-13: 9780595422371 Publisher: iUniverse OUR PRICE: $23.36 Product Type: Paperback - Other Formats Published: December 2006 |
| Additional Information |
| BISAC Categories: - Business & Economics | Insurance - General |
| Dewey: 823.914 |
| Physical Information: 0.83" H x 6" W x 9" (1.20 lbs) 372 pages |
| Descriptions, Reviews, Etc. |
| Publisher 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 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. |