Pure Captives
What is it?
Also referred to as a "single-parent captive", a pure captive insures only the risks of the parent and affiliated companies or controlled unaffiliated business.
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While no insurance risk is transferred out of the organization, except through reinsurance arrangements designed to protect the captive, a pure captive allows a company to monitor its operational risks, review its loss exposures and to provide efficient claims management to it and its subsidiaries.
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