What are the benefits of a captive? There are many benefits in setting up a captive. Some of the more common reasons are:- Cost reductions Risk Management and Underwriting Profitability Cash Flow benefits Reinsurance Availability of cover Underwriting Stability Taxation <A HREF="http://www.albionbvi.com/page3.html" target="_blank">http://www.albionbvi.com/page3.html</A>