|
|
|
| Protected Cell Companies (PCC) |
A
protected cell company is a corporate body, established under
specific legislation that can be segregated into legally distinct
portions known as the "core" and underlying "cells".
Each cell has the ability to access a segment of the PCC's overall
share capital plus introducing additional working capital of
its own, usually by preference shares, allowing policyholders
to maintain sole ownership of an entire cell.
|
|
|