Captive insurance company: Difference between revisions
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A | 1. ''Groups of companies - insurance.'' | ||
A company that is part of a more general commercial group of companies, established primarily to insure the risks of its parent company and other companies in the group. | |||
2. ''Groups of companies - insurance.'' | |||
Similar companies with a limited range of customers - rather than being part of the general insurance market - but owned by a wider number of shareholders than a single parent company. | |||
== See also == | == See also == | ||
* [[Alternative risk transfer]] | * [[Alternative risk transfer]] | ||
* [[ | * [[Captive]] | ||
* [[Group]] | |||
* [[Insurance]] | * [[Insurance]] | ||
* [[Parent company]] | |||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
Revision as of 12:03, 8 February 2022
1. Groups of companies - insurance.
A company that is part of a more general commercial group of companies, established primarily to insure the risks of its parent company and other companies in the group.
2. Groups of companies - insurance.
Similar companies with a limited range of customers - rather than being part of the general insurance market - but owned by a wider number of shareholders than a single parent company.
