Single-Parent Hostage Insurance
A solitary parent hostage, likewise called an unadulterated hostage, is an authorized reinsurance organization framed by an enterprise to (re)insure its own dangers
Bunch Hostage Insurance
A hostage insurance organization (alluded to just as a ‘hostage’) is an insurance organization that is set up and entirely possessed by a non-insurance organization to go about as an immediate back up plan or reinsurer for the parent organization and its auxiliaries.
What are the advantages of hostages?
The chief advantage of a hostage insurance program is conveyance of more noteworthy adaptability and command over the parent organization’s gamble the executives methodologies and expenses. A hostage can be utilized to protect practically any of its parent’s openings, from conventional property and loss inclusions to representative advantage programs.