FOUR POINTS RE: HOME
Four Points Re SPC, Ltd. is an off-shore insurance company whose primary line of
business is reinsuring risks undertaken by its affiliates StrucSure Home
Warranty and Golden Insurance Company. Catastrophic risks are also underwritten
and reinsured by Four Points Re SPC, Ltd.
Strategic Risk Solutions
provides captive management services for Four Points Re, SPC, Ltd.
The Four Points Re SPC, Ltd. segregated portfolio
company is also an alternative risk financing vehicle for
insureds looking for the advantages of a captive insurance company without the time and financial
commitment involved in establishing a wholly-owned insurance company of their own.
company (SPC) rent-a-captive programs are customized to reduce your
cost of insurance. Four Points Re, SPC Ltd. is a Cayman-based segregated
portfolio rent-a-captive facility that is regulated by the Cayman Island
Monetary Authority (CIMA).
In a segregated portfolio setup, a modest premium is paid to cover expenses and
expected losses. Then the participant posts collateral, often in the form of a
Letter of Credit (LOC) to secure the difference between the premium and the
program’s aggregate limits, thus creating a situation where the policy is fully
funded. Once the policy expires, after all claims obligations are
identified or eliminated, any collateral and premiums not used to pay losses are
returned to the participant.
Four Points has made a Section 953 (d) “domestic election” under the Internal Revenue Code to pay taxes
as if it were a U.S. entity. Four Points is formed under specific Cayman law which allows us to segregate
the assets of each program. This effectively provides a firewall against potentially adverse results
from other participants using the same rent-a-captive.
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