15:50 Dec 4, 2006 |
English to Romanian translations [PRO] Law/Patents - Insurance | |||||||
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| Selected response from: Mihai Badea (X) Luxembourg | ||||||
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Summary of answers provided | ||||
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3 | strategie de finalizare prin transferarea de valori pt acoperirea unei pierderi catre o terta parte |
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3 | descărcarea de răspundere pentru portofoliul de daune |
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Discussion entries: 1 | |
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strategie de finalizare prin transferarea de valori pt acoperirea unei pierderi catre o terta parte Explanation: ti-am gasit ceva linkuri: A Loss Portfolio Transfer is a financial mechanism whereby a defined trust or captive transfers funded balance sheet liabilities for incurred claims reserves to a third party. The Loss Portfolio Transfer converts unknown future liabilities to a present day fixed price. The difference between the fixed price and funded liabilities becomes a real net cash asset. si alta Loss Portfolio Transfer -------------------------------------------------------------------------------- A loss portfolio transfer (LPT) is a buyout of retained liabilities. These are often workers' compensation, general/product/professional liability, and auto liability obligations subject to loss-sensitive or self-insured programs. Other risks can also be addressed. In exchange for relief of obligations to pay these losses over time, a client agrees to a fixed premium. While each transaction is unique, these deals can offer the following client benefits: ------------------------------------------------ http://insurance.cch.com/rupps/loss-portfolio-transfer.htm The transfer of incurred losses to a third party. The assuming party hopes to profit by investing the sale price it has received over the length of time it requires to settle the claims it has assumed. Such transfers are undertaken by insurers or self-insureds in order to gain tax advantages, to clean up a financial statement, or to exit from a line or class of insurance. -------------------------------------------------- Note added at 2 hrs (2006-12-04 17:56:51 GMT) -------------------------------------------------- nu-mi place expresia prea mult mai incercam :) strategie de finalizare a unui contract de asigurare prin transferarea de valori catre un tert pentru a acoperi pierderile survenite Reference: http://www.nichols-associates.com/lpt.html Reference: http://www.aon.com/us/busi/risk_management/alt_risk_financin... |
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descărcarea de răspundere pentru portofoliul de daune Explanation: Pe mine definiţiile de mai jos mă duc mai degrabă spre o astfel de soluţie. Sau, o variantă mai explicită, "descărcarea de răspundere pentru daunele neplătite". "Loss Portfolio Withdrawal At the end of a reinsurance period or at cancellation, the reinsurer can be relieved of liability for losses outstanding by paying to the reinsured its share of a proportion of the outstanding losses." "Premium Portfolio Entry At the inception of a reinsurance contract or commencement of a reinsurance period, the reinsurer may assume responsibility for policies still in force from the previous period by being paid its share of the premiums relating to those unexpired policies." "Premium Portfolio Withdrawal At the end of a reinsurance period or upon cancellation, the reinsurer can be relieved of its responsibility for risks still in force by returning to the reinsured that proportion of premium relating to unexpired policies. The reinsurer will then have no liability for any losses under those policies after that date. " http://www.arig.com.bh/publications_jargon.asp -------------------------------------------------- Note added at 18 hrs (2006-12-05 10:32:08 GMT) -------------------------------------------------- Poate asumarea portofoliului/renunţarea la portofoliu? |
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