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  • Third-Party

PWC: Businesses have been using captives for decades as a risk management tool

A captive insurance company is a subsidiary established by one or more commonly owned businesses to insure the risks of the controlling entity and/or its affiliates or its individual owners. There are in excess of 5,000 captives, including group and cell captives, established in various domiciles throughout the world for the benefit of all types of industries.

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