What is Stop Loss?
In this glossary, Stop Loss refers to: A type of reinsurance or policy provision in which the insurer is protected against losses above a specified limit, after which the reinsurer or stop loss cover assumes liability.
How is Stop Loss used in finance?
In finance communication, this term appears in contexts such as: "La aseguradora contrató reaseguro stop loss para limitar las reclamaciones agregadas por eventos catastróficos."
Why does Stop Loss matter in finance?
Stop Loss 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 Stop Loss?
Stop Loss is mainly used by Financial Analysts, Bankers, and Traders.
What category does Stop Loss belong to?
In this glossary, Stop Loss 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.