Glossary entry

German term or phrase:

Schadenablösung

English translation:

Run-off of losses

Added to glossary by Neil Crockford
Jan 4, 2012 10:34
12 yrs ago
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German term

Schadenablösung

German to English Bus/Financial Insurance Aus einem Lebenslauf/Profil
Leider nicht viel Kontext: dies ist in einer Liste unter "Entwicklung individueller Anwendungssoftware im Erst- und Rückversicherungsbereich unter SAP (FS-RI 4.72 / 6.7)
Proposed translations (English)
3 Run-off of losses
Change log

Jan 15, 2012 09:28: Neil Crockford Created KOG entry

Discussion

AllegroTrans Jan 4, 2012:
Could this by a typo? Schuldenauflösung perhaps?

Proposed translations

15 mins
Selected

Run-off of losses

Difficult to be certain without context, but it could refer to the ultimate settlement of "long tail" losses (i.e. those, such as liability insurance losses, that may take many years to settle).
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4 KudoZ points awarded for this answer.
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