16 - 04 - 2020
Extracting captive capital to support parent cash flow
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The Global Captive Podcast's latest Covid-19 special episode dicusses the how's and why's of capital extraction from the captive.
As the global economy take a steep downturn, many businesses are beginning to experience cash flow trouble and the captive, if executed correctly and in the right circumstances, can release capital on a short or long-term basis through various techniques.
Pete Kranz, Executive Managing Director and Captive Practice Leader at Friend of the Podcast Beecher Carlson, and David Provost, Deputy Commissioner of the Captive Insurance Division at the State of Vermont, outline what some of the options are to do this, and highlight the important regulatory considerations.