¿Qué es Cláusula de reinstalación?
Cláusula de reinstalación A provision in insurance or reinsurance contracts that specifies the terms under which coverage is restored after a claim payment, typically requiring an additional premium. Most common in catastrophe reinsurance, it allows for the policy limit to be reset following a loss event.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Cláusula de reinstalación” Used in Practice?
El acuerdo de reaseguro incluía una cláusula de reinstalación que permitía al cedente restaurar la cobertura tras una gran pérdida catastrófica, sujeta a una prima adicional.
Certification Exam Relevance
Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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¿Qué es Cláusula de reinstalación?
A provision in insurance or reinsurance contracts that specifies the terms under which coverage is restored after a claim payment, typically requiring an additional premium. Most common in catastrophe reinsurance, it allows for the policy limit to be reset following a loss event.
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