A captive facility is an insurance or reinsurance company, licensed under either commercial or...
cell captive
A cell captive is a sponsored captive or rent-a-captive, which maintains underwriting accounts separately for each participant.
Additional Information
May be called protected cell captive (PCC) or segregated cell insurer. If the cells are legally segregated, it may be used to securitize risk.
Synonyms
protected cell captive (PCC)
Related Terms
