Pure captive insurer means a business entity that insures risks of a parent or affiliate of the business entity.
Pure captive insurer means any insurer transacting the business of insurance and reinsurance only on risks, hazards, and liabilities of its parent, subsidiary companies of its parent, and associated and affiliated companies.
Pure captive insurer means any company that insures risks of its parent and affiliated companies or controlled unaffiliated business.
More Definitions of Pure captive insurer
Pure captive insurer means a captive insurer that insures only the risks of its affiliates and controlled unaffiliated business.
Pure captive insurer means a person carrying on pure captive insurance business referred to in the Schedule of the Act;
Pure captive insurer means a captive insurer that
Pure captive insurer means a business entity that insures risks of a parent or af-
Pure captive insurer means a captive insurer that only insures or reinsures risks of its parent and affiliated companies or controlled unaffiliated business. The parent of a pure captive insurer includes an employee benefit plan or trust.
Pure captive insurer means a captive insurer that only insures risks of its parent and affiliated companies.
Pure captive insurer means a company that insures the risks of its parent, affiliated companies, controlled unaffiliated businesses, or a combination thereof.