Glossary entry (derived from question below)
Spanish term or phrase:
% de participación en beneficios que reconocerá la empresa de reaseguro a la
English translation:
% of interest in profits that the reinsurance company will acknowledge to the insurance company ...
Added to glossary by
Michael Powers (PhD)
Feb 20, 2009 15:46
15 yrs ago
16 viewers *
Spanish term
% de participación en beneficios que reconocerá la empresa de reaseguro a la
Spanish to English
Bus/Financial
Insurance
Porcentaje de participación en beneficios que reconocerá la empresa de reaseguros a la de seguros sobre los resultados en el contrato
Proposed translations
(English)
Change log
Feb 20, 2009 15:54: Michael Powers (PhD) changed "Field" from "Other" to "Bus/Financial" , "Field (specific)" from "Religion" to "Insurance"
Mar 6, 2009 12:10: Michael Powers (PhD) Created KOG entry
Proposed translations
+2
3 mins
Selected
% of interest in profits that the reinsurance company will acknowledge to the insurance company ...
Mike :)
Peer comment(s):
agree |
MikeGarcia
: The bird/plane agrees...
3 mins
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Faster than a bullet - I heresay, what red cape do you have on? - Mike :)
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agree |
Ivan Nieves
: :)
3 hrs
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Thank you, covelas - Mike :)
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4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
+1
22 mins
Profit sharing % which the reinsurance company will provide to x
I´m looking at it, but I don´t see the reference to interest... isn´t this just a question of % of profit sharing and the figure which the insurance company will provide/award/share with X?
Peer comment(s):
agree |
cmwilliams (X)
: known as 'profit commission' in reinsurance agreements. http://mfgrisk.com/glossary/ppp/p210.htm
7 hrs
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1 day 5 hrs
% share of profit (which) the reinsurance insurance will grant the (ceding) ins. co.
Follow-the-fortunes as co-religionists on this therad will know means that the ceding ins. co. takes the credit as well as the rap.
Reconocer is simply to grant or allow.
Reconocer is simply to grant or allow.
Example sentence:
Admitted Reinsurance - A company is “admitted” when it has been licensed and .... for the reinsurer’s expenses, and the cedant’s share of such profit after ...
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