Captive Product Sheet

Aug 02, 2019

A captive is a special purpose legal entity which is licensed as an insurer or reinsurer, and is established primarily to insure a proportion of the risks of its sponsor, often a corporate parent, group or association.

Captives are commonly domiciled in a specialised location with bespoke insurance legislation and a proportional regulatory approach, and are used extensively throughout the world by medium to major sized corporations as part of the successful implementation of an effective global risk financing strategy.

This fact sheet covers common captive uses for companies outside of the US.