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Detail
ArtikelThe Benefits of Captive Insurance Companies  
Oleh: Bertucelli, Robert E.
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Journal of Accountancy vol. 215 no. 3 (Mar. 2013), page 52-56.
Topik: Captive Insurance; Insurance Companies; Advantages
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: JJ85.34
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikel For many years, large corporations in the US have enjoyed many benefits from operating their own captive insurance companies. The risk management benefits of these captives were primary, but their tax advantages were also important. Since captives became accepted in the US, a number of types have evolved. These include "pure captives," where the insurance company insures the risks of one group of related entities; "association captives," where the captive insurance company covers the risks of the members of a particular association and "agency captives," where the captive is owned and operated by one or more insurance agents to insure the risks of their clients. Because the benefits of "pure captives" are much more significant, this article is limited to discussing that type of entity. Establishing a captive insurance company is not feasible for all companies but, where appropriate, it can provide substantial tax and nontax benefits to successful shareholders and their families.
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