Risk retention definition

Risk retention. – means the loss or benefit remaining from a particular risk.
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Risk retention means that amount or portion of sum insured by an insurer that is not reinsured (was not ceded to a reinsurer);
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Risk retention shall have the meaning set forth in Section 6.2.
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Examples of Risk retention in a sentence

  • First type is called Risk retention (called Net capacity) and second type is called Loss retention (Underlying of excess of loss cover).

  • Except as may be required by the Administrative Agent pursuant to Section 8.2(b), such Loan Party will not add or terminate any bank as a Collection Bank, or make any change in the instructions to 1 Risk retention compliance line item to be added to form of Monthly Report.

Related to Risk retention

  • Risk retention group means any corporation or other limited liability association:

  • SABS : means the South African Bureau of Standards.

  • U.S. Risk Retention Rules means the federal interagency credit risk retention rules, codified at 17 C.F.R. Part 246.

  • Risk Retention Rules means the joint final rule that was promulgated to implement the Risk Retention Requirements (which such joint final rule has been codified, inter alia, at 17 C.F.R. § 246), as such rule may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the Commission and the Department of Housing and Urban Development in the adopting release (79 Fed. Reg. 77601 et seq.) or by the staff of any such agency, or as may be provided by any such agency or its staff from time to time, in each case, as effective from time to time as of the applicable compliance date specified therein.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the ▇▇▇▇-▇▇▇▇▇ ▇▇▇▇ Street Reform and Consumer Protection Act.