What is Cláusula de restabelecimento?
In this glossary, Cláusula de restabelecimento 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 restabelecimento used in finance?
In finance communication, this term appears in contexts such as: "O contrato de resseguro incluía uma cláusula de restabelecimento, permitindo ao cedente restituir a cobertura após uma perda catastrófica, mediante prêmio adicional."
Why does Cláusula de restabelecimento matter in finance?
Cláusula de restabelecimento 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 restabelecimento?
Cláusula de restabelecimento is mainly used by Financial Analysts, Bankers, and Traders.
What category does Cláusula de restabelecimento belong to?
In this glossary, Cláusula de restabelecimento 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.
