What does Hybrid Captive mean? Read on to discover the definition & meaning of the term Hybrid Captive - to help you better understand the language used in insurance policies.
The combination of a standard group captive and structured reinsurance. It is designed to create significant limits of insurance for risks that, for one reason or another, cannot be covered in the commercial insurance markets. The major difference between the hybrid captive and a standard group captive is how limits of liability are structured.
We hope the you have a better understanding of the meaning of Hybrid Captive.