Internal Risk Financing through Captive Insurance: A Special Focus on The Structure, and Trend & Developments of Five Major Captive Insurance DOMICILES

Verma, Vaibhav (2008) Internal Risk Financing through Captive Insurance: A Special Focus on The Structure, and Trend & Developments of Five Major Captive Insurance DOMICILES. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

ABSTRACT

Captive Insurance, a technique for internal risk financing is an insurance

company that only insures all or part of the risk of its parent company. (Kloman et al, 1982)

It is one such area in the field of risk financing which has always remained

undercover due to the complexity attached in the form of sensitivity in information

disclosure and confidentiality of data. So the objective of this dissertation is to

examine the captive insurance industry, with a special focus on its five major

domiciles - Bermuda, Cayman Islands, Vermont, British Virgin Islands and

Guernsey, their structure and their recent trends and developments.

Various research and data collection techniques have been used to perform the

research in the field of captive insurance industry and more precisely its five

major domiciles. The dissertation begins with a literature review providing an

insight of what the previous researchers have explored in the captive insurance

field of risk financing. It is followed by a research methodology that has been

structured so as to carry out the research in an efficient manner.

Examining the overall captive market indicated that captive insurance market is

governed by five of its major domiciles Bermuda, Cayman Islands, Vermont,

British Virgin Islands and Guernsey, with Bermuda being the main choice of

domicile. So the main focus of this dissertation is to examine the structure, and

trends & developments of these five domiciles.

Item Type: Dissertation (University of Nottingham only)
Keywords: CAPTIVES, RISK, INSURANCE.
Depositing User: EP, Services
Date Deposited: 10 Oct 2008
Last Modified: 15 Feb 2018 15:59
URI: https://eprints.nottingham.ac.uk/id/eprint/22453

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