| 单词 | estimated maximum loss |
| 释义 | estimated maximum loss in Insurance (ɛstɪmeɪtɪd mæksɪməm lɔs) Word forms: (regular plural) estimated maximum losses noun (Insurance: Commercial insurance) loss , loss Estimated maximum loss is the amount of risk that an underwriter estimates the insurer will be able to cover before ceding any surplus to a reinsurer. Possible maximum loss may arise from more remote scenarios than those for probableor estimated maximum loss, and therefore carry higher values. Estimated maximum loss is a measure of exposure used in rating or to judge outwards reinsurance requirements. Estimated maximum loss is the amount of risk that an underwriter estimates the insurer will be able to coverbefore ceding any surplus to a reinsurer. |
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