Finance, Investments, and Accounting

Captive Insurance and Direct Placement Taxes Explained

Direct placement taxes apply to both surplus lines placements as well as placements with any nonadmitted company, such as a captive insurer. Read More

Captive Insurer Tax Challenges

Stewart Feldman, CEO of Capstone Associated Services, says that captive insurance company taxation issues concern three areas: (1) risk transfer, (2) risk distribution, and (3) the common notions of insurance. Read More

Collateral for Captive Insurers

Martin Ellis, manager of Comerica Bank's Captive Insurance Group, says captive insurers mainly use letters of credit and reinsurance trusts for collateral. Read More

Common Myths about the Captive Insurance Industry

Jeremy Colombik, president of Management Services International, discusses common myths about the captive insurance industry: (1) all captives are tax shelters, (2) all captives are offshore, (3) captives do not provide additional coverages, (4) captives are not a good business decision, (5) only Fortune 500/1000 companies are good for captives. Read More

Custody for Captive Insurers

Martin Ellis of Comerica's Captive Insurance Group says custody for captive insurers is the safekeeping of a captive's financial assets in an account. Read More