Protected Cell

Updated date: Tuesday, July 8, 2025 - 19:43
Protected Cell an insurance linked security retained within the insurance or reinsurance company and is used to insulate the proceeds of the securities offering from the general business risks of the insurer, granting an additional comfort level for investors of the securitized instrument. What is Protected Cell , What does mean Protected Cell , Insurance Guide, Insurance Glossary

Related Protected Cell Articles

  • Property Insurance Glossary
    Property coverage protecting the insured against loss or damage to real or personal property from a variety of perils, including but not limited to fire, lighte... more
  • Insurable Interest Insurance Glossary
    Insurable Interest A right or relationship in regard to the subject matter of the insured contract such that the insured can suffer a financial loss from damage... more
  • Unallocated Loss Adjustment Expense (ULAE) Insurance Glossary
    Unallocated Loss Adjustment Expense (ULAE) loss adjustment expenses that cannot be specifically tied to a claim. What is Unallocated Loss Adjustment Expense (... more
  • Encumbrance Insurance Glossary
    Encumbrance outstanding mortgages or other debt related to real estate and any unpaid accrued acquisition or construction costs. What is Encumbrance , What do... more
  • Retention Insurance Glossary
    Retention a mechanism of internal fund allocation for loss exposure used in place of or as a supplement to risk transfer to an insurance company. What is Rete... more
  • Fire Insurance Glossary
    Fire coverage protecting the insured against the loss to real or personal property from damage caused by the peril of fire or lightning, including business inte... more
  • Annual Statement Insurance Glossary
    Annual Statement an annual report required to be filed with each state in which an insurer does business. This report provides a snapshot of the financial condi... more
  • Corrective Order Insurance Glossary
    Corrective Order commissioner's directive of action to be completed by an insurer. What is Corrective Order , What does mean Corrective Order , Insurance Guid... more
  • Collar Insurance Glossary
    Collar an agreement to receive payments as the buyer of an Option, Cap or Floor and to make payments as the seller of a different Option, Cap or Floor. What i... more
  • Ocean Marine Insurance Glossary
    Ocean Marine coverage for ocean and inland water transportation exposures; goods or cargoes; ships or hulls; earnings; and liability. What is Ocean Marine , W... more
  • Commercial Farm and Ranch Insurance Glossary
    Commercial Farm and Ranch a commercial package policy for farming and ranching risks that includes both property and liability coverage. Coverage includes barns... more
  • Statement Type Insurance Glossary
    Statement Type refers to the primary business type under which the company files its annual and quarterly statement, such as Life, Property, Health, Fraternal,... more
  • All-Risk Insurance Glossary
    All-Risk Also known as open peril, this type of policy covers a broad range of losses. The policy covers risks not explicitly excluded in the policy contract.... more
  • Stock Insurance Company Insurance Glossary
    Stock Insurance Company business owned by stockholders. What is Stock Insurance Company , What does mean Stock Insurance Company , Insurance Guide, Insurance... more
  • Collateralized Mortgage Obligations (CMOs) Insurance Glossary
    Collateralized Mortgage Obligations (CMOs) a type of mortgage backed security (MBS) with separate pools of pass through security mortgages that contain varying... more
  • Insurance Holding Company System Insurance Glossary
    Insurance Holding Company System consists of two or more affiliated persons, one or more of which is an insurer. What is Insurance Holding Company System , Wh... more
  • Losses Incurred But Not Reported (IBNR) Insurance Glossary
    Losses Incurred But Not Reported (IBNR) An estimated amount set aside by the insurance company to pay claims that may have occurred, but for some reason have no... more
  • Community Rating Insurance Glossary
    Community Rating a rating system where standard rating is established and usually adjusted within specific guidelines for each group on the basis of anticipated... more
  • Valued Policy Law Insurance Glossary
    Valued Policy Law state legislation which specifies that the insured shall receive the face amount of the policy in the event of a total loss to a dwelling rath... more
  • Copay Insurance Glossary
    Copay a cost sharing mechanism in group insurance plans where the insured pays a specified dollar amount of incurred medical expenses and the insurer pays the r... more
  • Underwriting Risk Insurance Glossary
    Underwriting Risk section of the risk based capital formula calculating requirements for reserves and premiums. What is Underwriting Risk , What does mean Unde... more