MLchartDataset catalogue

Loss event

Term · Insurance and risk management · MLC-T-INS-002070

An occurrence that results in financial damage or injury, triggering a potential claim under an insurance policy. This can include incidents such as property damage, bodily injury, theft, or business interruption. Each loss event is typically assessed individually to determine coverage and the extent of the insurer's liability.

Table 1. Record
IdentifierMLC-T-INS-002070
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002070",
  "term": "Loss event",
  "field": "Insurance and risk management",
  "definition": "An occurrence that results in financial damage or injury, triggering a potential claim under an insurance policy. This can include incidents such as property damage, bodily injury, theft, or business interruption. Each loss event is typically assessed individually to determine coverage and the extent of the insurer's liability.",
  "url": "https://mlchart.com/terminology/insurance/loss-event/"
}

Record 2,004 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.