Branch captive

{
  "id": "MLC-T-INS-000599",
  "term": "Branch captive",
  "field": "Insurance and risk management",
  "definition": "A type of captive insurance company established as a branch of an existing foreign captive insurer, rather than as a separate legal entity. This structure allows the foreign captive to operate and write insurance business directly in a different jurisdiction, often for tax or regulatory advantages. It must comply with the regulatory requirements of the jurisdiction where the branch is located.",
  "url": "https://mlchart.com/terminology/insurance/branch-captive/"
}