reinsurance captive
A reinsurance captive is a special-purpose insurer that operates only on a fronted basis, assuming risk from a ceding company.
reinsurance captive
A reinsurance captive is a special-purpose insurer that operates only on a fronted basis, assuming risk from a ceding company.
Additional Information
The reinsurance captive does not issue policies directly to insureds and typically operates on a nonadmitted basis.
Synonyms
fronted captive
