THE Bahamas Financial Services Board (BFSB), in cooperation with industry partners, hosted a one-day Captive Insurance Seminar last week to build awareness of the industry, and as a 'business solution'.

Captive insurance is an alternative form of risk management that is becoming more popular, as companies can protect themselves financially while having more control over how they are insured. The sector has undergone significant changes, and the global market for captive insurance companies has become dynamic and sophisticated, with ongoing development of concepts and tools. Captives can be domiciled and licensed in a growing number of domiciles both onshore and offshore.

Captivei insuran ...

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