Captive Reinsurance is an international risk management program that reinsures local employee benefits plans into a corporate's own captive insurer.
It consolidates local employee benefit plans from multiple countries into a corporate’s own captive via a reinsurance mechanism. A captive insurance company is, in its purest form, a wholly owned legal entity formed to insure or reinsure the risks of its parent and/or associated group companies. Captives are usually formed to provide alternative risk management solutions to that of the conventional insurance market.
