Search results for: “captive insurance company”
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Captive Insurance Company
A subsidiary formed to insure the risks of its noninsurance parent or affiliated companies. The captive may also reinsure risks that have been placed with third- party insurers, all or a portion of which have been transferred subsequently to the captive; in this arrangement, the unrelated insurer is…
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Captive
Captive In International Law Captive (from Lat. capere, to take), one who is captured in warfare. As a term of International Law, it has been displaced by that of “prisoner of war.” The position and treatment of captives or prisoners of war is now dealt with fully in chapter ii. of the regulations annexed to…
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Senior Captive
See Captive Insurance Company….
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Rent-A-Captive
The use of an offshore Captive Insurance company (read this and related legal terms for further details) owned or controlled by another firm to provide coverage not readily available commercially or to shelter income fro…
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Pure Captive
See Captive Insurance Company….
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Open Market Captive
See Captive Insurance Company….
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Limited Captive
See Captive Insurance Company….
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Industry Captive
See Captive Insurance Company…
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Broad Captive
See Captive Insurance Company….
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Association Captive
See Captive Insurance Company….
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Carnation Case
A suit in which the U.S. Tax Court denied, for income tax purposes, the deduction of sums paid by the Carnation Company to its wholly owned Captive insurance company (read this and related legal terms for further details…
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Top 25.000 English words
Which are the top 25.000 most popular English words? According to a review from Lawi, these are the 25.000 most popular English words, in order: you the i to a and it of that in is me what this for my on your we have do no don’t are be i’m not was he it’s…