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Captive insurance companies are limited purpose insurance companies established with the specific objective of financing risks emanating from their parent group or groups, although they sometimes also insure some of the risks of the parent company's customers. In the simplest terms, it is an in-house self-insurance vehicle.

BestWeek: A.M. Best Special Report Finds Medical Malpractice Leads Captives’ Premium Decline July 28th, 2008 | No Comments | Posted in Business www.ambest.com - Falling medical malpractice premiums led to a 15% drop in net premiums written between 2006 and 2007 for a composite of captive insurance

A major International Captive Insurer seeks to hire an experienced Captive Underwriter to take up a Senior position within an existing team. Reporting to the Director, this person will be responsible for the overall day-to-day management of a portfolio of captive insurance companies based in Ireland.

Insurance companies may be classified as Life insurance companies, who sell life insurance, annuities and pensions products. Non-life or general insurance companies, who sell other types of insurance. In most countries, life and non-life insurers are subject to different regulations, tax and accounting rules.

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When you deal with car insurance, there are two kinds of agents you possibly can hire: a) the captive agent, who represents only one unique insurance company (major carriers like AAA, Allstate and State Farm sell policies through captive agents).

Khalid A. Mohomed is fascinated by insurance. His days of training in the UK and the United States, and working as a risk management practitioner in the US in the 1980s make him something of a local authority on the subject.

Khalid A. Mohomed is fascinated by insurance. His days of training in the UK and the United States, and working as a risk management practitioner in the US in the 1980s make him something of a local authority on the subject.

A.M. Best Co. analysts will lead an online discussion updating the state of the captive insurance industry and elaborating on highlights of a new A.M. Best special report on that industry on Thursday, July 31 at 10 a.m. EDT. John Andre and Steven Chirico of A.M. Best’s property/casualty rating division will lead the panel.