Consider a Captive's Role Carefully.As captive insurance Captive insurance companies are limited purpose insurance companies established with the specific objective of financing risks emanating from their parent group or groups, they sometimes also insure risks of the parent company's customers. companies begin to accumulate Accumulate Broker/analyst recommendation that could mean slightly different things depending on the broker/analyst. In general, it means to increase the number of shares of a particular security over the near term, but not to liquidate other parts of the portfolio to buy a security assets, their owners seek ways to increase the business that is funneled to them. That business is usually unrelated to the primary business of the corporate owner. The best opportunities for unrelated business come from areas that are a natural extension of a company's business, said James D. Cameron, partner, Baker & McKenzie. For example, a credit-card company can provide credit-card insurance cost effectively because it already mails monthly bills to customers. Captives also offer a vehicle for covering previously unprotected risks, said Mitchell Mitchell, city (1990 pop. 13,798), seat of Davison co., SE S.Dak.; inc. 1881. Mitchell is a trade, distribution, and shipping center for a dairy and livestock area. J. Cole, principal, Towers Perrin Towers Perrin is a global professional services firm. It was established 1 March 1934 as Towers, Perrin, Forster & Crosby. The umbrella name of Towers Perrin was adopted in 1987. . He cited the example of several ski resorts banding together to cover the risk of a season without enough snow. A corporate owner must consider several factors when determining how to expand a captive's business: * Does the company have a need to pursue new business? * Will the new business be profitable for the captive captive said of naturally wild or feral animals kept in captivity for educational and scientific investigation with no attempt being made to domesticate them. or will it save costs for the parent company? * Will the principal function of the captive be compromised? * Is there a strategy to easily exit the business? |
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