Compare with estimated maximum loss. See MAXIMUM POSSIBLE LOSS.

Contingent capital arrangement whereby the funding to pay for a loss is obtained after the loss by means of guaranteed equity or debt finance. The financial institution giving the guarantee receives a commitment fee from the insured. The loss is defined in conventional insurance terms. Post loss funding is alternative risk transfer.

The steps taken to contain a loss to a minimum amount (loss protection). The property salvaged from a fire may have a sale value or be restored. Property is removed from burning buildings and protected against the elements and theft. Where personal injury or disease is concerned, appropriate support can shorten periods of disablement suffered following injury and trauma. See REHABILITATION.

Continued employment of pension scheme members beyond their normal pension date. Subject to scheme rules they continue as active members and commence their pension at a later date.