Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Captive Insurance Companies in Risk Management

Captive Insurance Companies in Risk Management

Klingenschmid, Florian

Paperback

Business General

ISBN10: 3639011708
ISBN13: 9783639011708
Publisher: Blues Kids Of Amer
Published: May 2 2008
Pages: 68
Weight: 0.23
Height: 0.14 Width: 6.00 Depth: 9.00
Language: English
The world is getting increasingly complex and interconnected. Conse-quently it is very important for companies to manage and control their risks efficiently. Traditional risk management tools such as commercial insurance or securitization have been deemed insufficient and therefore new instruments were necessary. These are the so-called Alternative Risk Transfer and Alternative Risk Finance methods. The most widely used form is Captive Insurance. The first part in this book explains the basics of captive insurance. Different types of captives, reasons for foundation and the inter-national captive market will be discussed. An analysis of the influence that captives have on the risk management of their parent company is the second part of the book. Companies that have founded captives recently will be examined in order to see possible influences. The last part takes a look at how captives influence the credit rating of the founding company. The theoretical and practical approaches used in this book will give the reader a solid understanding of the function and use of captives in risk management.

Also in

Business General

View All