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Captive Insurers and Finite Insurance

In: Risk Management

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  • Hongmu Lee

    (Waseda University)

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.

Suggested Citation

  • Hongmu Lee, 2021. "Captive Insurers and Finite Insurance," Springer Texts in Business and Economics, in: Risk Management, edition 1, chapter 10, pages 119-129, Springer.
    • Handle: RePEc:spr:sptchp:978-981-16-3468-0_10
    DOI: 10.1007/978-981-16-3468-0_10
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