Business Services Industry
Hawaii witnesses resurgence in captive activity.
Business Insurance, May, 2000 by CENICEROS, ROBERTO
HONOLULU -- Hawaii's captive industry has burst out of a growth slump, adding a record 11 new captives in 1999. That easily eclipsed the state's prior record, which was set in 1993 when Hawaii licensed eight captives, said Craig Watanabe, captive insurance administrator for Hawaii's Insurance Division in Honolulu.
Six facilities, however, dissolved last year because of changes at their parent companies, bringing the number of Hawaii captives licensed at the end of 1999 to 59, up from 54 the previous year, according to the Insurance Division and captive managers. By comparison, five captives were licensed in Hawaii in 1998 and three were dissolved, resulting in a net increase of two that year. The 59 captives operating in 1999 generated premiums of $237.5...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Getting the global view: Nestle, led by Peter Brabeck-Letmathe, climbs to the #1 spot in this year's Best Companies for Leaders
