captive insurance company
captive
insurance company Finance Definition
An insurance company that is owned or
controlled by another insurer or a small number of client firms. The owner or
company controlling the insurance company helps to fulfill its business
objectives by having a captive company. The arrangement also may provide some
tax advantages to the owner.
Browse dictionary entries near captive insurance company
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- captopril
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- Capture/Replay
- Capture Theory of Regulation
- captured
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- Capua
