Sponsored captive insurance company definition

Sponsored captive insurance company means a captive insurance company:
Sponsored captive insurance company means any captive
Sponsored captive insurance company means a captive insurance company in which the minimum capital and retained earnings required by applicable law is provided by 1 or more sponsors, that is authorized under this chapter, that insures the risks of separate participants through the participant contract, and that segregates each participant's liability through 1 or more protected cells.

More Definitions of Sponsored captive insurance company

Sponsored captive insurance company means [any] a captive insurance company [in]:
Sponsored captive insurance company means (a) CIRCA Sponsored Captive Insurance Company, a Vermont sponsored captive insurance company, (b) CIRCA Re, IC, a Vermont incorporated protected cell within CIRCA, or (c) any other sponsored captive insurance company that is approved by the Administrative Agent in its sole discretion from time to time.
Sponsored captive insurance company means a captive insurance company, including a special
Sponsored captive insurance company means a captive insurance company in which the minimum capital and retained earnings required by applicable law is provided by 1 or more sponsors, is authorized under this chapter, insures the risks of separate participants through the participant contract, and segregates each participant’s liability through 1 or more protected cells.
Sponsored captive insurance company means any domestic stock insurer or 834 manager-managed limited liability company formed by one or more sponsors having 835 been granted a certificate of authority pursuant to this chapter that:
Sponsored captive insurance company means a captive insurance company, including a special purpose financial captive insurance company as defined in this Act:
Sponsored captive insurance company means any domestic insurance company