What does Membership Accounting mean? Read on to discover the definition & meaning of the term Membership Accounting - to help you better understand the language used in insurance policies.
Financial modeling for each participant in a group captive, showing past history, status of the individual account, and liquidation value (i.e., what each would get if the captive were to be liquidated). Also used to show the effect of future losses, future profits, and future dividend strategies. Captive management companies usually do not offer this service.
We hope the you have a better understanding of the meaning of Membership Accounting.