Summary |
Third party liability insurance comprises many types of risks. As a result, there is often a lack of sufficiently meaningful statistical material for determining the “appropriate” loss participation to be borne by the insured. This applies particularly in the case of companies not able to supplement their own data by adequate and detailed market statistics.
Given this situation, however, how can one determine and judge the insured’s “correct” loss participations? This brochure therefore seeks to develop a tariff concept for determining loss participations in third party liability insurance.
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