Adkisson's Captive Insurance Companies by Jay D Adkisson

Adkisson's Captive Insurance Companies by Jay D Adkisson

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Adkisson's Captive Insurance Companies by Jay D Adkisson

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.
SKU Unavailable
ISBN 13 9780595422371
ISBN 10 0595422373
Title Adkisson's Captive Insurance Companies
Author Jay D Adkisson
Condition Unavailable
Binding Type Paperback
Publisher iUniverse
Year published 2006-12-14
Number of pages 372
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.