n South African Journal of Economic and Management Sciences - An investigation into onshore captive insurance companies : management

Abstract

Insurance provided by captive insurers is one of various forms of risk-financing. The nature and main types of captive insurance companies are discussed. This is followed by the results of an empirical study that focused on South African onshore captive insurance companies. The objectives in establishing and operating a captive insurer, the factors which determine the decision of the parent company to establish and operate a captive insurer and the future and usefulness of insurance provided by captive insurers are some of the aspects that are addressed.