O que e Cláusula de restabelecimento?
Cláusula de restabelecimento 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 restabelecimento” Used in Practice?
O contrato de resseguro incluía uma cláusula de restabelecimento, permitindo ao cedente restituir a cobertura após uma perda catastrófica, mediante prêmio adicional.
Certification Exam Relevance
Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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O que e Cláusula de restabelecimento?
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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