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(More customer reviews)In the often dull industry of insurance, Taken Captive shatters the mold. Not only does Taken Captive explain the traditional uses for captives very well, it outlines some very useful applications of this flexible, financial planning instrument. The topics explained in the "Advanced Concepts" chapter alone are worth far more than the price of the book.
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TAKEN CAPTIVE is sure to become the industry s leading resource for providing basic education and expert guidance on using captive insurance companies in alternative-risk-financing strategies. TAKEN CAPTIVE answers the following questions: What is a captive? Why form a captive? What are the different types and structures of captives? Which domiciles are best? What are the tax implications? What are the risks associated with forming and operating a captive? What are the steps involved with forming a captive? Is a feasibility study necessary? What kind of risks can be underwritten? What s involved in managing a captive? How can a captive be used for asset protection and estate planning?
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