{"id":19659,"date":"2025-04-10T22:38:20","date_gmt":"2025-04-10T20:38:20","guid":{"rendered":"https:\/\/www.cconsulting.it\/glossary\/aal\/"},"modified":"2025-04-10T22:38:52","modified_gmt":"2025-04-10T20:38:52","slug":"aal","status":"publish","type":"glossary","link":"https:\/\/www.cconsulting.it\/de\/glossary\/aal\/","title":{"rendered":"AAL"},"content":{"rendered":"<p><a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;AAL&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;AAL is the anacronym for Annual Aggregate Limit; in a Non-Proportional Treaty it represents the maximum monetary amount of the claims ceding capacity for a specific Layer.Each claim payment ceded on a layer &amp;quot;consumes&amp;quot; the available capacity.If one or more claims or even part of a payment completely uses up the remaining capacity available, the layer reaches its claim limit cap and subsequent claims that are ceded will have no effect on the Reinsurers and the amount ceded will remain as additional retention of the Ceding Company.&lt;\/div&gt;\"  href=\"https:\/\/www.cconsulting.it\/de\/glossary\/aal\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>AAL<\/a> is the anacronym for <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Annual Aggregate Limit&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In a Non-Proportional Treaty, an aggregate limit represents the maximum amount from claims which can be ceded before reaching the cap set for a specific layer.Each claim payment ceded on a layer &amp;quot;consumes&amp;quot; the available capacity.If one or more claims or even part of a payment completely uses up the remaining cap limit available, the layer is said to be Saturated and any successive claims ceded will have no effect on the Reinsurers and the amount ceded will remain as additional retention of the Ceding Company.&lt;\/div&gt;\"  href=\"https:\/\/www.cconsulting.it\/de\/glossary\/annual-aggregate-limit\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>Annual Aggregate Limit<\/a>; in a Non-Proportional Treaty it represents the maximum monetary amount of the claims ceding capacity for a specific Layer.<br>\nEach claim payment ceded on a layer &bdquo;consumes&ldquo; the available capacity.<br>\nIf one or more claims or even part of a payment completely uses up the remaining capacity available, the layer reaches its claim limit cap and subsequent claims that are ceded will have no effect on the Reinsurers and the amount ceded will remain as additional retention of the Ceding Company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;AAL&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;AAL is the anacronym for Annual Aggregate Limit; in a Non-Proportional Treaty it represents the maximum monetary amount of the claims ceding capacity for a specific Layer.Each claim payment ceded on a layer &amp;quot;consumes&amp;quot; the available capacity.If one or more claims or even part of a payment completely uses up the remaining capacity available, the layer reaches its claim limit cap and subsequent claims that are ceded will have no effect on the Reinsurers and the amount ceded will remain as additional retention of the Ceding Company.&lt;\/div&gt;\" href=\"https:\/\/www.cconsulting.it\/de\/glossary\/aal\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">AAL<\/a> is the anacronym for <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Annual Aggregate Limit&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In a Non-Proportional Treaty, an aggregate limit represents the maximum amount from claims which can be ceded before reaching the cap set for a specific layer.Each claim payment ceded on a layer &amp;quot;consumes&amp;quot; the available capacity.If one or more claims or even part of a payment completely uses up the remaining cap limit available, the layer is said to be Saturated and any successive claims ceded will have no effect on the Reinsurers and the amount ceded will remain as additional retention of the Ceding Company.&lt;\/div&gt;\" href=\"https:\/\/www.cconsulting.it\/de\/glossary\/annual-aggregate-limit\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Annual Aggregate Limit<\/a>; in a Non-Proportional Treaty it represents the maximum monetary amount of the claims ceding capacity for a specific Layer. Each claim payment ceded on a layer &bdquo;consumes&ldquo; the available capacity. If one or more claims or even part of a payment completely uses up the remaining capacity available, the layer reaches its claim limit cap and subsequent claims that are ceded will have no effect on the Reinsurers and the amount ceded will remain as additional retention of the Ceding Company.<\/p>\n","protected":false},"author":1,"featured_media":0,"menu_order":0,"template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-19659","glossary","type-glossary","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.cconsulting.it\/de\/wp-json\/wp\/v2\/glossary\/19659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cconsulting.it\/de\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/www.cconsulting.it\/de\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/www.cconsulting.it\/de\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":1,"href":"https:\/\/www.cconsulting.it\/de\/wp-json\/wp\/v2\/glossary\/19659\/revisions"}],"predecessor-version":[{"id":19663,"href":"https:\/\/www.cconsulting.it\/de\/wp-json\/wp\/v2\/glossary\/19659\/revisions\/19663"}],"wp:attachment":[{"href":"https:\/\/www.cconsulting.it\/de\/wp-json\/wp\/v2\/media?parent=19659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}