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STRUCTURING
A PROGRAM ∎ Feasibility Study ∎ Analysis of current book of
business • Premium size • Quality of business • Risk Management programs ∎ Reasonable roll-out and growth
expectations ∎ Pro forma financial statements
(realism) ∎ Must know
the cost components ∎ Must know
the Stop Loss mechanism ∎ Actuarial insights ∎ Determination of reasonable
retention in captive ∎ Rate Manual & Underwriting
Guide ∎ Develop documentation ∎ Reinsurance Partner
● Choose carefully
● Plan division of labor and contracted services ● Clearly articulate claims determination
and payment strategy ● Captive Aggregate Reinsurance • Attaches at some multiple of loss fund • Required by reputable domiciles |
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BACK – USE ARROW TO PRINT USE PRINT PREVIEW |
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