https://wiki.treasurers.org/w/index.php?action=history&feed=atom&title=First_loss_capital 2026-10-03T20:42:09Z Revision history for this page on the wiki MediaWiki 1.40.0 https://wiki.treasurers.org/w/index.php?title=First_loss_capital&diff=56856&oldid=prev 2024-09-06T04:16:22Z

<p>Create page - source - The Treasurer - Issue 3 of 2024 - page 41.</p> <p><b>New page</b></p><div>''Treasury - risk management - pensions risk - defined benefit pension schemes.''<br /> <br /> (FLC).<br /> <br /> First loss capital is a concept designed for the partial protection of the more risk-averse participants in an investment fund, or other risky undertaking.<br /> <br /> The party that invests the first loss capital agrees that it will bear all of the first part any losses - up to a pre-agreed limit - before the other participants must begin to suffer a share of any further losses beyond the pre-agreed limit.<br /> <br /> <br /> :&lt;span style=&quot;color:#4B0082&quot;&gt;'''''Pensions risk management - alternative solutions'''''&lt;/span&gt;<br /> <br /> :&quot;In between risk transfer to an insurer and running-on, options such as raising first loss capital, captives and superfunds offer new avenues for managing pension risk.<br /> <br /> :In summary, treasurers should conduct a comprehensive evaluation of all available endgame strategies to determine which is the most suitable, and seek expert advice.&quot;<br /> <br /> :''Andreas Vermeiren, director, Cardano - The Treasurer, sponsored feature - Issue 3 of 2024 - page 41.''<br /> <br /> <br /> == See also ==<br /> * [[Bulk purchase annuity]] (BPA)<br /> * [[Buyout]]<br /> * [[Captive insurance company]]<br /> * [[Closed life consolidator]]<br /> * [[Consolidator]]<br /> * [[Covenant]]<br /> * [[Defined benefit pension scheme]]<br /> * [[De-risk]]<br /> * [[Insurance]]<br /> * [[Pension assets]]<br /> * [[Pension buyout]]<br /> * [[Pension liabilities]]<br /> * [[Pension scheme]]<br /> * [[Pensions Regulator]] (UK)<br /> * [[Pensions risk]]<br /> * [[Risk management]]<br /> * [[Superfund]]<br /> * [[Treasury]]<br /> <br /> [[Category:Manage_risks]]<br /> [[Category:The_business_context]]</div>

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