Was ist Rückwirkende Deckung?
Rückwirkende Deckung Insurance protection that applies to losses occurring prior to the inception date of the policy, typically in claims-made liability insurance, subject to specified retroactive dates.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Rückwirkende Deckung” Used in Practice?
Rückwirkende Deckung stellt sicher, dass Ansprüche aus Vorfällen vor Policenbeginn gemäß rückwirkendem Datum gedeckt sind.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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Was ist Rückwirkende Deckung?
Insurance protection that applies to losses occurring prior to the inception date of the policy, typically in claims-made liability insurance, subject to specified retroactive dates.
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