LAW7382 - Captive Insurance Law

LAW7382 - Captive Insurance Law

Course Number: 

7382

Type: 

Lecture

Credits: 

3.00

Pre or Co-Requisite:

Principles of Insurance (LAW 7675).

This course examines the structure of and the basic legal principles underlying a captive insurance company, which operates within and provides insurance coverage for a controlled group of corporations of which it is a member. In addition to providing a basic knowledge of the law surrounding captive insurance, the course will examine the unique role of a captive insurance company within this controlled corporate group, the evolving nature of enterprise risks that can be insured by a captive insurance company, its special tax position within such group, and the legal and corporate factors which differentiate a captive insurance company from a traditional insurer.