What is the Definition of Securitization Of Insurance Risk?
Using the capital markets to expand and diversify the assumption of insurance risk. The issuance of bonds or notes to thirdparty investors directly or indirectly by an insurance or reinsurance company or a pooling entity as a means of raising money to cover risks. (See Catastrophe bonds)
Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/
Label: Insurance
Theme: Dictionary of Insurance Terms
Other Questions: What is the definition of Annuity?
What is the Definition of Securitization Of Insurance Risk?
You can find random definition and meaning of insurance terms below:
What is the meaning of Rider
an amendment to a policy agreement.
What is the meaning of Risk
Uncertainty concerning the possibility of loss by a peril for which insurance is pursued.
What is the meaning of Risk Retention Act
a 1986 federal statute amending portions of the Product Liability Risk Retention Act of 1981 and enacted to make organization of Risk Retention Groups and Purchasing Groups more efficient.
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