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captive reinsurance company

    0.01 sec.
captive reinsurance company,
a reinsurance company organized to serve only one client.


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Though transaction structures may vary from deal to deal, XXX securitizations generally involve the formation of a new captive reinsurance company by a life insurer.
In short, lenders owning captive reinsurance companies should provide consumers with an "AfBA-like" disclosure that informs consumers of the affiliated arrangement and makes clear that the use of the captive reinsurance company is not required.
has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Dorinco Reinsurance Company (Dorinco) (Midland, MI), which is the captive reinsurance company for The Dow Chemical Company (Dow) (NYSE: DOW).
 
 
 
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