Captive Reinsurance Program

A reinsurance financing program for captives, the Captive Asset Management Program blends a secure rate of return on investments with liquidity to pay losses. It also incorporates both per occurrence and aggregate stop loss insurance, resulting in improved risk management. Under this program, a member company will issue a reinsurance policy to a captive, which in turn cedes to the company premiums for risks assumed by the captive from its corporate parent. All losses resulting from the ceded risks are the responsibility of the member company for the term of the reinsurance. At the end of the program, if it is not renewed, the remaining fund balance, less losses paid plus interest earned, is returned to the captive.

AIG Insurance Company, 70 Pine St., New York, NY 10270-0002 Phone: (212) 770-7000