Captive reinsurance company definition

Captive reinsurance company means a reinsurance company that is formed or licensed pursuant to this chapter and is wholly owned by a qualifying reinsurance parent company. A captive reinsurance company is a stock corporation.
Captive reinsurance company means a captive insurance company authorized in this state that reinsures the risk ceded by any other insurer.
Captive reinsurance company means a captive insurance company authorized in this state that

Examples of Captive reinsurance company in a sentence

  • Captive re-insurance company The Group has set up a captive reinsurance entity – Nexans Ré – which has been operational since January 1, 2008 and is aimed at optimizing and managing the Group's risk retention strategy, as well as preventing and managing risks.

  • Captive reinsurance company" means a captive insurance companylicensed authorized in this state that reinsures the risk ceded by any other insurer.


More Definitions of Captive reinsurance company

Captive reinsurance company means a [reinsurance company] reinsurer that is:
Captive reinsurance company means a reinsurance company
Captive reinsurance company means a captive insurance company licensed in this state that
Captive reinsurance company means a captive insurance company in this state, as authorized by the commissioner by rule, that reinsures the risk ceded by any other insurer.
Captive reinsurance company means: A reinsurance company which is owned by a financial undertaking other than an insurance company or a group subject to consolidated supervision under the Solvency II Directive or by a non- financial company whose sole purpose is to provide reinsurance cover for risks in the company or companies which the business is part of, or the company or companies in the group of which it is part.
Captive reinsurance company means a captive insurance company licensed authorized in this state
Captive reinsurance company means: An insurance company, the purpose of which is limited to reinsuring insurance risks of the group to which it belongs when the group does not contain other insurance companies.