Insurance

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.

Quick answer: 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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Quick answer

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.

Why it matters

Cláusula de reinstalación matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Editorial context

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Questions and answers

Questions and answers

What is Cláusula de reinstalación?

In this glossary, Cláusula de reinstalación refers to: 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.

How is Cláusula de reinstalación used in finance?

In finance communication, this term appears in contexts such as: "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."

Why does Cláusula de reinstalación matter in finance?

Cláusula de reinstalación matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Who uses Cláusula de reinstalación?

Cláusula de reinstalación is mainly used by Financial Analysts, Bankers, and Traders.

What category does Cláusula de reinstalación belong to?

In this glossary, Cláusula de reinstalación is grouped under Insurance. Related pages in this category explain adjacent procedures, commands and operational concepts.

Where does this definition come from?

This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.

Definition

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.

Operational example

The reinsurance agreement included a reinstatement clause allowing the cedant to restore the coverage after a major catastrophe loss, subject to an additional premium.

Localized term

Cláusula de reinstalación

Localized example

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.

Definition language

English reference definition

Source

CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

Category

Insurance

Exam relevance

  • CFA
  • ACCA
  • FRM

Target audience

  • Financial Analysts
  • Bankers
  • Traders

Related terms

Use the related links below to continue through connected finance terminology.

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