captivevakuutusyhtiöt
Captive insurance companies, known in Finnish as captivevakuutusyhtiöt, are a form of self-insurance. They are companies established by a parent company or group to insure its own risks. Instead of purchasing insurance from a traditional third-party insurer, the parent company creates and owns its own insurance subsidiary. This captive entity then underwrites the risks of the parent company.
The primary motivations for establishing a captivevakuutusyhtiö typically include cost reduction, improved risk management, and access
Captives can be domiciled in various jurisdictions, both onshore and offshore, with each offering different regulatory