Finance English
Insurance

Điều khoản khôi phục la gi?

Điều khoản khôi phục 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 “Điều khoản khôi phục” Used in Practice?

Hợp đồng tái bảo hiểm bao gồm điều khoản khôi phục cho phép bên nhượng tái khôi phục bảo hiểm sau tổn thất lớn, với phí bổ sung.

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

Điều khoản khôi phục la gi?

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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