Was ist Gesamthöchstgrenze?
Gesamthöchstgrenze The maximum amount an insurer will pay for all covered losses during a policy period, regardless of the number or type of individual claims filed.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Gesamthöchstgrenze” Used in Practice?
Sobald die Gesamthöchstgrenze erreicht ist, ist der Versicherer im gleichen Versicherungszeitraum nicht mehr zur Zahlung weiterer Schäden verpflichtet.
Certification Exam Relevance
Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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Was ist Gesamthöchstgrenze?
The maximum amount an insurer will pay for all covered losses during a policy period, regardless of the number or type of individual claims filed.
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