Words / A / Business

attachment point

noun

C2CEFR level
85/100Rarity: very rare
TechnicalRegister

The loss level at which an excess or reinsurance layer begins to pay.

We set the attachment point at ten million so the reinsurers only ever see the severe claims.

Topic: Insurance & risk in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Insurance & risk