Glossary entry (derived from question below)
Norwegian term or phrase:
egenregningsskader
English translation:
maksimale -> excess limits on claims; line retentions (reins.)
Added to glossary by
KirstyMacC (X)
Apr 18, 2004 19:14
20 yrs ago
Norwegian term
Carole Hognestad
egenregningsskader
Norwegian to English
Other
Insurance
En oversikt over egenregningsbrøker og maksimale egenregningsskader som er brukt i forbindelse med beregningen av momentfaktorer som funksjoner av disse, er gitt på side 12 i vedlegg 1.
Proposed translations
(English)
| 4 +2 | maksimale -> excess limits on claims |
KirstyMacC (X)
|
| 4 +2 | claims against insurances not reinsured |
Richard Lawson
|
| 3 +1 | excesses |
Shaun Friel
|
Proposed translations
+2
3 hrs
Selected
maksimale -> excess limits on claims
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. ...'
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Note added at 2004-04-18 22:19:40 (GMT)
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Shaun has explained ...
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Note added at 2004-04-19 07:55:51 (GMT)
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\'Retained lines\' if the context is re-insurance.
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. ...'
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Note added at 2004-04-18 22:19:40 (GMT)
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Shaun has explained ...
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Note added at 2004-04-19 07:55:51 (GMT)
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\'Retained lines\' if the context is re-insurance.
4 KudoZ points awarded for this answer.
+1
1 hr
excesses
Sounds like excesses in insurance policies. An excess is defined as a specified contribution towards the cost of a claim, payable by the policyholder.
Peer comment(s):
| agree |
KirstyMacC (X)
1 hr
|
|
Thanks Counsel.
|
+2
4 hrs
claims against insurances not reinsured
Insurance companies frequently reinsure policies with other companies. "Egenregning(sandel)" is explained by Åge Lind (Forsikringsordbok) as "forskring beholdt av et selskap for egen regning, ikke avgitt til reassurandører, i.e. insurance retained by a company for its own account, not ceded to reinsurers.
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Note added at 2004-04-19 08:18:48 (GMT)
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\"claims against retained insurances\"?
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Note added at 2004-04-19 08:18:48 (GMT)
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\"claims against retained insurances\"?
Peer comment(s):
| agree |
Tore Bjerkek
51 mins
|
| agree |
KirstyMacC (X)
: 'retained lines' if reinsurance.
8 hrs
|
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