Barbados, with its expansive treaty network, is no stranger to alternative planning structures.

Like saplings pushing their way up from the forest floor, emerging countries around the world are eagerly seeking a space in the global economy.

Most investors seeking to use Barbados as an international financial and business centre typically believe they must set up an International Business Company (IBC) to do so.

Acknowledging the existence of a highly competitive captive insurance domicile market worldwide, the question is appropriately asked, "Why form a captive insurance company in Barbados?"