About Us: Captive Insurance - www.acurrapcc.com
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About Us: Captive Insurance

Alternative risk concept, plan and strategy in business, Young intelligent businessman playing the wood game, hands of executive cooperate placing wood block on the tower, Collaborative management.

Captive Insurance

Captive insurance is an Insurance company that is wholly owned and controlled by the parent entity to insure the risks of its group. It is an alternative way for entities to consider its cost savings approach out of their insurance programmes or for its tax planning direction. Entities can plan to retain risks based on its appetite and shift the reserve out of their books. as an integral part of their risk management framework

Pure (Traditional) Captive vs PCC Captive (for Cell Owners)

  • Pure Captive

    • Control / Risk management;
    • Cover uninsurable risks;
    • Access to international wholesale market;
    • Flexibility in insurance programme / stabilize premiums;
    • Better control of claims;
    • Regulated activity;
    • Tax free dividends;
    • Deploy ratings of the reinsurers in its reinsurance programmes;

  • PCC Captive

    • Same advantages of Pure Captive;
    • Lower cost and maintenance – no corporate set up in Labuan but only the Core;
    • Arm’s length transaction/ No transfer pricing issue between Core and Cells;
    • Legal structure protects assets and liabilities of cells from other cells / Core.