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How does Gen Re define Catastrophe Loss (CAT)?

April 26, 2017cat catastrophe define Gen loss

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How does Gen Re define Catastrophe Loss (CAT)?

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By making an estimation of the monetary loss, which can be sustained by the insurer on a single risk as a result of a catastrophic event leading to a total loss scenario. We estimate up to the Total Sum Insured (TSI) of a policy. MyFacWorld – Online Portfolio- Create a Profile – Submit a Risk – Ask FacWorld – Home Copyright © General Re Corporation 2010. All Rights Reserved. – Legal and Privacy Statement.