All of the following are reasons to form a captive insurance company EXCEPT:

(a) the parent firm may have difficulty in obtaining some types of insurance
(b) premiums paid to a captive, under certain circumstances, may be tax deductible
(c) the captive can serve as another profit center
(d) parent firms are allowed to take tax credits for losses paid by the captive

Ans: (d) parent firms are allowed to take tax credits for losses paid by the captive

Business

You might also like to view...

A(n) ________ can use multidimensional scaling to create perceptual maps

A) intranet analysis B) marketing information system C) data warehouse D) marketing decision support system E) competitive intelligence system

Business

In most democratic states, those who question the right of the rulers to rule find themselves imprisoned, or worse

Indicate whether the statement is true or false.

Business