Pure captive insurance company definition

Pure captive insurance company means a company that

Pure captive insurance company means any company that insures risks of its parent and affiliated companies or controlled unaffiliated business.

Pure captive insurance company means any company that insures risks of its parent and

Examples of Pure captive insurance company in a sentence

• Pure captive insurance company" means any company that insures only risks of its parent or affiliated companies or both.

• Pure captive insurance company" means any company that insures risks of its parent and affiliated companies or controlled unaffiliated businesses but does not include those insurers that otherwise qualify for and elect to hold a certificate of authority as an insurer under section 414.

• Pure captive insurance company' means any domestic insurance company granted a certificate of authority under this chapter to insure or reinsure the risks of its parent and affiliates of its parent, and controlled unaffiliated business.

More Definitions of Pure captive insurance company

Pure captive insurance company means a business entity that insures risks of a parent or affiliate of the business entity.

Pure captive insurance company means a company that insures risks of its parent, affiliated companies, controlled unaffiliated business, or a combination thereof.

Pure captive insurance company means a company that insures risks of its parent, affiliated companies, controlled unaffiliated businesses, or a combination of its parent, affiliated companies, and controlled unaffiliated businesses.

Pure captive insurance company means any domestic insurance company

Pure captive insurance company means a company that insures risks of its parent, affiliated companies, controlled unaffiliated business, or a combination thereof or cedes or assumes business from a risk pool for the purpose of risk sharing.

Pure captive insurance company means [any] a captive insurance company that only insures or reinsures risks of its parent and affiliated entities[.] or of a controlled unaffiliated business.

Pure captive insurance company means any captive insurance company that insures risks of its parent and any of such parent's affiliated companies and any controlled unaffiliated business.