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excess of loss

Bulgarian translation: Презастраховка за щети, надвишаващи определените в основната застраховка.

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:excess of loss
Bulgarian translation:Презастраховка за щети, надвишаващи определените в основната застраховка.

08:15 May 21, 2004
English to Bulgarian translations [PRO]
Bus/Financial - Insurance / reinsurance contract
English term or phrase: excess of loss
Excess of Loss Reinsurance.
(1) A generic term describing reinsurance which, subject to a specified limit, indemnifies the ceding company against the amount of loss in excess of the specified retention. It includes various types of reinsurance, such as Catastrophe, Per Risk, Per Account, and Aggregate Excess of Loss. Contrast with Pro Rata Reinsurance. (2) A form of reinsurance which indemnifies the ceding company for that portion of the loss resulting from a single occurrence, however defined, that exceeds a predetermined amount, which is referred to as a first loss retention or deductible. (R)
[http://www.insweb.com/research/merritt/reinsurance-e.htm]
Ivaylo Ivanov
Luxembourg
Презастраховка за щети, надвишаващи определените в основната застраховка.
Explanation:
Just a guess.

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Note added at 10 hrs 51 mins (2004-05-21 19:06:32 GMT)
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неочаквано(необичайно)високи щети
Selected response from:

Emilia Balke
United States
Local time: 15:46
Grading comment
3 KudoZ points were awarded for this answer



Summary of answers provided
3Презастраховка за щети, надвишаващи определените в основната застраховка.
Emilia Balke


  

Answers


10 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Презастраховка за щети, надвишаващи определените в основната застраховка.


Explanation:
Just a guess.

--------------------------------------------------
Note added at 10 hrs 51 mins (2004-05-21 19:06:32 GMT)
--------------------------------------------------

неочаквано(необичайно)високи щети

Emilia Balke
United States
Local time: 15:46
Native speaker of: Native in BulgarianBulgarian, Native in EnglishEnglish
PRO pts in category: 9
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