What Does Captive Insurer Mean?

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What does Captive Insurer mean? Read on to discover the definition & meaning of the term Captive Insurer - to help you better understand the language used in insurance policies.

Captive Insurer

Captive Insurer

A subsidiary formed to insure the loss exposures of its parent company and the parent's affiliates.

We hope the you have a better understanding of the meaning of Captive Insurer.

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