Abstract
When insurance is available only at a high price, organizations shift from a commercial insurer to retention. This chapter identifies the nature and concept of retention and self-insurance. It reviews the factors explaining these decisions and the development of captice insurance companies.
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References
Suggestion for Additional Reading
Doherty, Neil A., Corporate Risk Management: A Financial Exposition, New York: McGraw-Hill Book Co., 1985, Chap. 11 & 12.
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© 1998 Springer Science+Business Media New York
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Outreville, J.F. (1998). Retention, Self-Insurance, Captive Insurance Companies. In: Theory and Practice of Insurance. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6187-3_10
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DOI: https://doi.org/10.1007/978-1-4615-6187-3_10
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-7836-5
Online ISBN: 978-1-4615-6187-3
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