MLchartDataset catalogue

Stock captive

Term · Insurance and risk management · MLC-T-INS-003191

A type of captive insurance company structured as a stock corporation, owned by its shareholders, which are typically the organizations it insures. This entity underwrites the risks of its owners, providing them with greater control over their insurance programs and potential cost savings. Profits generated by the captive are distributed to its shareholders as dividends, similar to a traditional stock company.

Table 1. Record
IdentifierMLC-T-INS-003191
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003191",
  "term": "Stock captive",
  "field": "Insurance and risk management",
  "definition": "A type of captive insurance company structured as a stock corporation, owned by its shareholders, which are typically the organizations it insures. This entity underwrites the risks of its owners, providing them with greater control over their insurance programs and potential cost savings. Profits generated by the captive are distributed to its shareholders as dividends, similar to a traditional stock company.",
  "url": "https://mlchart.com/terminology/insurance/stock-captive/"
}

Record 3,262 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.