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Captive Insurance Company in West Virginia Biographical Affidavit the extent permitted by law, this affidavit will be kept confidential by the state insurance regulatory authority. Full Name and Address
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A captive insurance company is a subsidiary established by a parent company to insure the risks of the parent company and its affiliates.
Companies that choose to establish a captive insurance company are required to file the necessary paperwork with the appropriate regulatory authorities.
To fill out captive insurance company paperwork, companies must provide detailed information about the risks being insured, the financial standing of the captive, and its relationship to the parent company.
The purpose of a captive insurance company is to provide more control over insurance costs, potentially lower insurance premiums, and access to reinsurance markets.
Information that must be reported on captive insurance company includes details about the risks being insured, the financial position of the captive, and its relationship to the parent company.
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