Insurable risk definition

Insurable risk means, with respect to asset-backed securities, as defined in Subsection (D) of this section, that such obligation on an uninsured basis has been determined to be not less than investment grade based solely on the pool of assets backing the insured obligation or securing the insurer, without consideration of the creditworthiness of the issuer.
Sample 1Sample 2
Insurable risk means that the obligation on an uninsured basis has been determined to be not less than investment grade. With respect to asset-backed securities as defined in subdivision (c), the determination shall be, based solely on the pool of assets backing the insured obligation or securing the financial guaranty insurance corporation, without consideration of the creditworthiness of the issuer.
Sample 1
Insurable risk means, with respect to asset-backed securities, that such obligation on an uninsured
Sample 1

Examples of Insurable risk in a sentence

  • Unit -ISBEC II - РАРER I INSURANCERisk - Concept – types of risk - Spreading of Risk – Financial and non financial risk – Insurable risk - Nature - Risk Management.

  • Insurable risk area includes: commercial risks, political risks, social risks, project risks, IT risks, military risks and personal risks.

  • Insurable risk also includes kerb related damage, windscreen repairs as a result of an accident, stone damage, hail damage, water damage etc.Member: The individual principal Member in whose name the AA Membership is maintained.Membership Card: The card issued by the AA to the Member, reflecting the Membership number.Membership Year: The 12-month period covered by the Member’s subscription.Rural: Any area that is not defined as Urban (see below).

  • Insurable risk cover was provided through participation in the NSW Treasury Managed Fund (TMF), a NSW Government self-insurance scheme.

  • These include products that offer a defined monetary benefit over a contractually determined period.Risk and retirement savings products under the umbrella of group schemes marketed to employers who provide those benefits to their employees.Product categories:(a) Pure risk Insurable risk benefits such as life and disability.

  • Insurable risk liabilities are determined using historical data of the Entity.

  • Insurable risk can be statistically calculated and precautions taken.

  • F., Herszberg, I., Bannister, M., John, S., “A Realistic Computer Simulation of Multilayer Woven Preforms for the Analysis of Composite Structures”, CADCOMP 96, Udine, Italy, July 1-3, 1996.

  • According to the possibility for the insurer to take responsibility - Insurable risk and non- insurable risk.

  • Again, you are exposed in respect of that excess (Allens, 2003).3.3 INSURABLE RISKS Insurable risk means a risk, which can be covered by insurance.


More Definitions of Insurable risk

Insurable risk means, with respect to asset-backed securities, that such obligation
Sample 1Sample 2
Insurable risk means, with respect to asset-backed securities, as defined in subsection (e) of this section, that such obligation on an uninsured basis has been determined to be not less than investment grade based solely on the pool of assets backing
Sample 1

Related to Insurable risk

  • All Risk property insurance on a full replacement cost basis insuring CLEC’s property situated on or within any CenturyLink Premises. CLEC may elect to insure business interruption and contingent business interruption, as it is agreed that CenturyLink has no liability for loss of profit or revenues should an interruption of service occur.

  • Covered Property is the address stated on your Agreement Coverage Summary Page. • “Domestic-grade” Items are those that were designated by the manufacturer, manufactured and marketed solely for installation and use in a residential single family dwelling.

  • Insured means the Executive.