Glossary entry

English term or phrase:

Retro cessation

Arabic translation:

إمتناع شركة إعادة تأمين عن كتابة بوالص جديدة

Added to glossary by Mohsin Alabdali
Jan 21, 2008 06:10
16 yrs ago
5 viewers *
English term

Retro cessation

English to Arabic Bus/Financial Insurance
The term "Retro cessation" is an insurance term and I could find any reference and explanation for it.
Change log

Feb 9, 2008 06:04: Mohsin Alabdali changed "Edited KOG entry" from "<a href="/profile/42802">Mohamed Moez's</a> old entry - "Retro cessation"" to ""إمتناع شركة إعادة تأمين عن كتابة بوالص جديدة ""

Discussion

Khalid Nasir Jan 21, 2008:
. If not you should accept my suggestion or the nearest from the answers and if you confirm to me your term has completely different meaning, I will hide my answer.
Khalid Nasir Jan 21, 2008:
If your term is completely different in meaning to the one I suggested in my answer, I think you should look somewhere else for your term such as looking at your text or requesting support files from your client.
Amira Mansour Jan 21, 2008:
Amira Mansour Jan 21, 2008:
Amir Kamel Jan 21, 2008:
I hope if you find the correct answer to tell us here dear Mr. Moez?

Proposed translations

+1
4 hrs
Selected

إمتناع شركة إعادة تأمين عن كتابة بوالص جديدة

retro = the practice of re-insurance comanies to seek re-insurance from other re-insurers.

cessation = stopping to underwrite new policies (in effect appearing to wind up its business, thereby raising risks of a possible default.



Note from asker:
Thank you Mohsin
Peer comment(s):

agree Sayed Moustafa talawy
21 hrs
Many thanks.
Something went wrong...
4 KudoZ points awarded for this answer.
2 hrs
English term (edited): retrocession

شراء إعادة تأمين

Reinsurance companies themselves also purchase reinsurance and this is known as a retrocession. They purchase this reinsurance from other reinsurance companies. The reinsurance company who sells the reinsurance in this scenario are known as “retrocessionaires.” The reinsurance company that purchases the reinsurance is known as the “retrocedent.”



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Note added at 3 hrs (2008-01-21 09:25:27 GMT)
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You said "is an insurance term” and this is the nearest term in insurance related to your question. See also
http://www.google.com/search?hl=en&q=retrocession تأمين&btn...


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Note added at 3 hrs (2008-01-21 09:28:07 GMT)
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Regardless your different spelling, I think this is the term you are looking for.
أو شراء عقد تأمين
Note from asker:
Thank you. But I am asking about "Retro-cessation" and not "retrocession". They are two different terms.
Something went wrong...
+1
6 hrs

توقّف رجعي

.
Peer comment(s):

agree Doaa El Seify : الأفضل من الإلغاء هو فعلاً التوقف أو الإنقطاع بأثر رجعي
5 hrs
thank you Doaa
Something went wrong...
10 hrs

تقاسم العمولة =Retrocession

تقاسم العمولة

القيام بدفع جزء من العمولة الناتجة من صفقة ماليّة الى وسيط ما.
http://www.pcopti.com/EnglishFrenchArabic/tabid/73/ctl/Link/...



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