Non-life insurance
0716-en RE430 Financial Market Law As of 11.07.2026
Damage insurance covers those classes of insurance which make an economically ascertainable loss as a consequence of the insured event a prerequisite for the obligation to pay compensation.
Deutsch
Schadensversicherung 0716-de
Die Schadensversicherung umfasst jene Versicherungszweige, die einen ökonomisch feststellbaren Schaden als Folge des Versicherungsfalles zur Voraussetzung der Ersatzpflicht machen.
Suggested citation
Non-life insurance (0716-en), in: LAWPEDIA®-Glossar, provided by LAWCONSULT AG, www.lawconsult.ch/lawpedia/en/non-life-insurance, as of: 11.07.2026 [accessed on …].
The entries in the LAWPEDIA® glossary serve general information purposes and do not constitute legal advice. Despite careful preparation, LAWCONSULT AG accepts no liability for the accuracy, completeness or timeliness of the information.