复原条款 是什么?
复原条款 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 “复原条款” Used in Practice?
再保险合同包含复原条款,使分出人可在发生重大灾害损失后,支付额外保费后恢复保障。
Certification Exam Relevance
Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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复原条款 是什么?
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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