MLchartDataset catalogue

Clash cover

Term · Insurance and risk management · MLC-T-INS-000772

A type of excess of loss reinsurance that protects an insurer against multiple claims arising from a single event that affects several different policies or lines of business. For example, a major natural catastrophe could trigger claims across property, auto, and liability policies. This cover provides protection above a specified aggregate retention.

Table 1. Record
IdentifierMLC-T-INS-000772
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000772",
  "term": "Clash cover",
  "field": "Insurance and risk management",
  "definition": "A type of excess of loss reinsurance that protects an insurer against multiple claims arising from a single event that affects several different policies or lines of business. For example, a major natural catastrophe could trigger claims across property, auto, and liability policies. This cover provides protection above a specified aggregate retention.",
  "url": "https://mlchart.com/terminology/insurance/clash-cover/"
}

Record 562 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.