Täysmittausarvon

Täysmittausarvo, often abbreviated as TMA, is a financial concept used in the context of insurance and reinsurance. It refers to the maximum amount of loss that an insurer or reinsurer will pay for a single event or occurrence. This limit is crucial for managing risk and ensuring that the financial exposure of the insurer remains controlled.

In insurance, TMA is typically set to cover catastrophic events that could otherwise result in significant financial losses. For example, in property insurance, the TMA might cover the cost of repairing or rebuilding a property after a major disaster such as a fire or flood. In liability insurance, the TMA could cover legal damages awarded to a third party in a high-stakes lawsuit.

Reinsurers use TMA to determine their exposure to risk. A reinsurer will agree to cover a portion of an insurer's losses up to a specified TMA. If the insurer's losses exceed the TMA, the reinsurer's liability is typically limited to the agreed-upon TMA, unless additional coverage is purchased.

The concept of TMA is essential for risk management and financial planning in the insurance industry. It helps insurers and reinsurers to allocate resources effectively, manage risks, and ensure that they can continue to provide coverage to their policyholders even in the face of significant losses.