Captive Videos

Bruce Wright of Eversheds Sutherland explains section 953(d) of the Internal Revenue Code, which allows non-US captive insurers to be taxed as domestic companies. He discusses the election process, potential termination, and the importance of compliance, advising protective returns if an audit threatens the 953(d) election. Read More

Bruce Wright of Eversheds Sutherland explains that the most common way to move a captive to a different jurisdiction is through a merger, often via redomestication. Organizations also use assumption reinsurance agreements, where the insured transfers liabilities to the new insurer, releasing the old insurer from obligations. Read More

Investing for a captive insurance company revolves around the level of risk the captive is willing to take, according to Stephen Nedwicki of Comerica Bank. Read More

Do captives save money? The answer is yes and no. Read More

Pro forma financials provide an assessment of the expected financial results for the proposed captive insurance company. Read More