Captive Insurance from a Viewpoint of Household Consumers

• Maeda Yuji

  Graduate School of Economics and Management, Shiga University

• Sakai Yasuhiro

  Graduate School of Economics, Shiga University

Bibliographic Information

Other Title

• 生活者から見たキャプティブ保険

Abstract

This paper examines the possibility of captives in Japan that would be influential to household consumers. Since Nago City of Okinawa Prefecture challenges to be the first captive domicile in Japan, this paper especially focuses on direct or indirect benefits that captives would contribute to the household consumers who live in Nago City and Okinawa. From the success story of Dublin City of Ireland, captives would have a possibility of increasing employment, enhancing information and transportation infrastructure, protecting environment and investing in financial education. The influences would result in a significant increase of their life level. A simulation indicates that 100 captives and their related business could create about JPY 210 billion to the local economy, JPY 233 billion tax income to the prefecture, and 2,200 employments over a 10 year term. Those numbers are significant for Okinawa and the tax income can be used for the household consumers. However, captives in Japan might end up in a failure with strong internal and external resistance as shown in cases of Germany, Italy and France where insurance business styles are similar to the Japanese one.

Journal

• Journal of Household Economics

  Journal of Household Economics 20 (0), 211-216, 2004

  The Japan Society of Household Economics

Keywords

• Captives
• Household Consumers
• Nago City of Okinawa Prefecture
• Dublin City of Ireland

Details

• CRID: 1390282680743920896
• NII Article ID: 110001818361
• DOI: 10.18961/seikatsukeizaigaku.20.0_211
• ISSN: 24241288
• ISSN: 13417347
• Text Lang: ja
• Data Source:
  • JaLC
  • CiNii Articles
  • KAKEN
• Abstract License Flag: Disallowed