Captive-Re-insurance

Single Parent Captives

Single Parent Captives
business

Single Parent Captives

Single Parent Captives are designed to insure the risks of only the parent company, affiliates thereof, as well as controlled unaffiliated businesses. This type of captive reinsurance is employed in just about every industry worldwide and thus is the most common. Note that a single owner or not does not solely determine its status. The domicile’s laws, legal purpose & scope will determine its proper characterization and meet the requirements.