Captive Insurers and Finite Insurance

Hongmu Lee
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Hongmu Lee: Waseda University

Chapter 10 in Risk Management, 2021, pp 119-129 from Springer

Abstract: Abstract Business companies are responding to the hardening of the insurance market by establishing a captive insurance company, an insurance subsidiary to flexibly take on the risks of their own or their group. On the other hand, with finite insurance, insurance companies and business companies share risks to deal with huge risks that are difficult to take out with ordinary insurance.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-981-16-3468-0_10

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DOI: 10.1007/978-981-16-3468-0_10

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