Captive definition
Captive means any of the following:
Captive means a captive insurance undertaking or a captive reinsurance undertaking, within the meaning of Regulation 3 of the Solvency II Regulations;
Captive means ▇▇▇▇ Reinsurance Company, a South Carolina domiciled captive insurance company.
Examples of Captive in a sentence
Captive breeding and the release of surplus ferrets continues, in efforts to augment existing sites and establish more ferret populations throughout their range.
More Definitions of Captive
Captive means an insurance or reinsurance structure created by a registered insurer or registered reinsurer for the purpose of providing cover for insurance risks of cell captives;
Captive means Patriot Captive Management, LLC, a Delaware limited liability company, one of the above-captioned Debtors.
Captive means an insurance company or captive insurance company to whom risks were ceded by Fronting Carrier #1 or Fronting Carrier #2 under the Captive Insurance Program and who directly insured a related Insured Participant.
Captive means an entity that insures a risk of the Accredited PEO, whether directly or indirectly through the use of a fronting company or similar arrangement, without regard to whether any portion of such risk is reinsured, if the Accredited PEO or an Affiliate thereof has an ownership interest in such entity. A publicly-traded company in which the PEO or an Affiliate thereof owns less than one percent (1%) shall not be considered a Captive.
Captive. ’ means any individual in a cap- tive status commencing while such individual is—
Captive has the meaning set forth in the Reserve Facility Term Sheet.
Captive. As defined in Section 13.1(a).