Synopsis: A captive insurance company, in its purest form, is an insurance company established as a subsidiary of a non-insurance entity to insure the risks of its parent entity and/or its affiliates. Bermuda has been and continues to be the world’s leading captive and rent-a-captive domicile since the captive concept was first introduced in Bermuda in the 1960s.
Authors: Neil Horner and Natasha Scotland
Published: The Review, The Bermuda Legal Guide 2009
Available: Captives Article – Bermuda’s Bedrock