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ERM SPC, Ltd. Structure
source link ERM SPC, Ltd. is structured much like a traditional insurance company with the key difference being who benefits from the good loss experience. The insured owners/shareholders of ERM SPC, Ltd. receives returns of surplus and distributions when loss experience proves to be better than annual actuarial projections.
ERM SPC, Ltd. Results
ERM SPC, Ltd. is managed by ERI and governed by the elected Board of Directors that take direction from an Advisory Committee comprised of insured shareholders and three sub-committees as illustrated below.
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