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 to the island in the 1960s.
Authors: Neil Horner
Published: The Review, The Bermuda Legal Guide 2008
Article: Ideal Conditions