Why financial institutions are using captives to insure key risks Many banks, asset managers and others are self-insuring through single-parent captives, which can help ease coverage challenges and reward good risk management Learn more from leaders in the space By Adriana Scherzinger and Alex Muralles | Zurich North America
CAPTIVE Definition Meaning | Dictionary. com made or held prisoner, especially in war captive troops kept in confinement or restraint captive animals enslaved by love, beauty, etc ; captivated her captive beau of or relating to a captive
CAPTIVE definition and meaning | Collins English Dictionary A captive person or animal is being kept imprisoned or enclosed Her heart had begun to pound inside her chest like a captive animal A captive is someone who is captive He described the difficulties of surviving for four months as a captive
What does captive mean? - Definitions. net What does captive mean? This dictionary definitions page includes all the possible meanings, example usage and translations of the word captive Etymology: Ultimately from captivus Made prisoner in war; kept in bondage or confinement And with nine circling streams the captive souls inclose John Dryden, Æn vi 1
Captive - definition of captive by The Free Dictionary One, such as a prisoner of war, who is forcibly confined, subjugated, or enslaved 2 One held in the grip of a strong emotion or passion 3 A subsidiary that serves only its parent company 1 Taken and held prisoner, as in war 2 Held in bondage; enslaved 3 Kept under restraint or control; confined: captive birds 4
The Basics of Captives - Risk Insurance Traditionally, captives were wholly-owned insurance subsidiaries that provide funding vehicles for their parents’ risks Today, captives can be sponsored by a third party and underwrite third party risks There are now over 6,000 captive insurers worldwide Over 90% of Fortune 500 companies employ Those are just a few of the benefits of captives
Captives 101: Understanding the Different Types of Captives Understanding the different types of captives is essential for companies looking to optimize their insurance strategy The right kind of captive depends on the specific needs of the company, its industry, and its risk profile This article will explain the different types of captives and how each meets different business needs Single-Parent