Insurance Recoveries registry
Claim — Recovery
Post-payment recoveries reducing net loss cost.
Canonical Definition
Amounts recovered after a claim payment from third parties, reinsurers or salvage — reducing the net cost of the loss to the insurer.
Business Impact
What happens when different meanings of Claim — Recovery are used in parallel.
Operational Risk
Subrogation reporting, net loss calculations, reinsurance settlements.
Governance Metadata
This definition is governed. Not merely documented.
- Owner
- Head of Recoveries
- Status
- aligned
- Version
- v1
- Effective Date
- 2026-04-10
- Source
- Recoveries Manual REC-03
- Domain
- Insurance Recoveries