GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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12:16 Mar 27, 2003 |
Spanish to English translations [PRO] Bus/Financial - Insurance / Insurance | |||||||
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| Selected response from: Parrot Spain Local time: 06:14 | ||||||
Grading comment
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Summary of answers provided | ||||
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5 +1 | recoveries |
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5 +1 | recobro de siniestros = claims paid (or collected) |
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3 | reimbursement of damages |
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reimbursement of damages Explanation: apparently, there are two types, direct and through co-insurance. www.superbancaria.gov.co/normas/boletines/ 2000/487-0100/ance001.rtf |
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recoveries Explanation: In insurance they recover monies or salvage goods and property so I would suggest the "recovery of losses/claims" HTH |
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recobro de siniestros = claims paid (or collected) Explanation: This is referring to statement of premiums ceded and claims paid. HTH Ref: 20 years' international inmsurance experience. |
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