What Is Core Loss?

The theory of loss, also known as damage theory, analyzes the insurance compensation mechanism based on the view of loss compensation as the core of insurance theory.

Loss theory

(I) Loss compensation theory

Damages claim

1 Qi Ruizong. International Insurance. China Economic Press, January 2001, 1st edition

2 Yao Haiming, chief editor, Duan Kun, chief editor. Insurance (2nd edition) [M]. Fudan University Press, 2nd edition, December 2005 ^[1]