egenregningsskader
English translation: maksimale -> excess limits on claims; line retentions (reins.)
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| 19:14 Apr 18, 2004 |
| Norwegian to English translations [PRO] Insurance | ||||
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|  Selected response from: KirstyMacC (X) Local time: 07:13 | |||
Grading comment
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| 4 +2 | maksimale -> excess limits on claims |
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| 4 +2 | claims against insurances not reinsured |
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| 3 +1 | excesses |
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Answers
1 hr confidence: 
peer agreement (net): +1
peer agreement (net): +1excesses Explanation: Sounds like excesses in insurance policies. An excess is defined as a specified contribution towards the cost of a claim, payable by the policyholder. |
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3 hrs confidence: peer agreement (net): +2
peer agreement (net): +2maksimale -> excess limits on claims Explanation: Saun has explained. This is how I would phrase, going back to maximum, as it's quite tricky. It's not really maximum excess i.e. surplus claims, but a cap on the amounts of excess for which the insured is his/her 'own insurer'. 'EXCESS LIMITS ON CLAIMS. ... Acknowledging these considerations, the insurer agreed to deduct only one £25 excess on the claim. AR (93) para 7.4 p. 39. ...' -------------------------------------------------- Note added at 2004-04-18 22:19:40 (GMT) -------------------------------------------------- Shaun has explained ... -------------------------------------------------- Note added at 2004-04-19 07:55:51 (GMT) -------------------------------------------------- \'Retained lines\' if the context is re-insurance. www.theiob.org.uk/ digest/e/excess_limits_on_claims.html |
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4 hrs confidence: peer agreement (net): +2
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