Cash call
Term · Insurance and risk management · MLC-T-INS-000697
A reinsurance provision, called a cash call clause, that lets the ceding company claim and receive immediate payment of its reinsured share of a large loss without waiting for the next periodic accounts settlement. Payment is due within days of the demand, such as three to five business days. The treaty defines what counts as a large loss by a monetary threshold.
| Identifier | MLC-T-INS-000697 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000697",
"term": "Cash call",
"field": "Insurance and risk management",
"definition": "A reinsurance provision, called a cash call clause, that lets the ceding company claim and receive immediate payment of its reinsured share of a large loss without waiting for the next periodic accounts settlement. Payment is due within days of the demand, such as three to five business days. The treaty defines what counts as a large loss by a monetary threshold.",
"url": "https://mlchart.com/terminology/insurance/cash-call/"
}
Record 467 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.