{"id":136,"date":"2025-03-07T06:24:57","date_gmt":"2025-03-07T06:24:57","guid":{"rendered":"https:\/\/capinasia.com\/?p=136"},"modified":"2025-03-07T06:24:57","modified_gmt":"2025-03-07T06:24:57","slug":"captive","status":"publish","type":"post","link":"https:\/\/capinasia.com\/blogs\/captive\/","title":{"rendered":"Captive:"},"content":{"rendered":"\n<p>A captive Insurance company is a legal entity formed primarily to ensure the risks of one corporate parent or a number of similar corporations(e.g., trade associations), there by contributing to a reduction in its parent&#8217;s (&#8220;total cost of risk&#8221;).<\/p>\n\n\n\n<p>Captives are licensed by many jurisdictions. The captive&#8217;s primary jurisdiction is known as its Domicile.<br><br>Example:<\/p>\n\n\n\n<p>\u2022 A Company that operates in a high-risk industry may find it difficult to obtain insurance coverage for certain types of risks. By creating a captive insurance subsidiary, the company can provide coverage for these risks and reduce its overall insurance costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A captive Insurance company is a legal entity formed primarily to ensure the risks of one corporate parent or a number of similar corporations(e.g., trade associations), there by contributing to a reduction in its parent&#8217;s (&#8220;total cost of risk&#8221;). Captives are licensed by many jurisdictions. The captive&#8217;s primary jurisdiction is known as its Domicile. Example: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/posts\/136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/comments?post=136"}],"version-history":[{"count":1,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/posts\/136\/revisions"}],"predecessor-version":[{"id":138,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/posts\/136\/revisions\/138"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/media\/137"}],"wp:attachment":[{"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/media?parent=136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/categories?post=136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/capinasia.com\/blogs\/wp-json\/wp\/v2\/tags?post=136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}