Une provision pour fluctuation de sinistralité

English translation: provisions for fluctuations in the claims rate/- fluctuations in loss ratios

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:Une provision pour fluctuation de sinistralité
English translation:provisions for fluctuations in the claims rate/- fluctuations in loss ratios
Entered by: Erzsébet Czopyk

21:13 Apr 25, 2019
French to English translations [PRO]
Bus/Financial - Insurance / Reinsurance
French term or phrase: Une provision pour fluctuation de sinistralité
Une provision pour fluctuation de sinistralité :

La Provision pour Fluctuation de sinistralité est une provision d’égalisation alimentée en franchise d’IS par l’ensemble des profits jusqu’à atteindre un plafond prédéterminé.
Yves Barry Ben
France
Local time: 16:32
provisions for fluctuations in the claims rate/- fluctuations in loss ratios
Explanation:
[...] insignifiante, laquelle a été déduite de la provision pour fluctuation de sinistralité, conformément aux dispositions réglementaires [...] paperjam.lu
[...] which was deducted from the provisions for fluctuations in the claims rate, in line with the regulations for reinsurance companies.

taux de sinistralité => loss ratio

Crédit pour traités de réassurance en excédent de perte - Crédit pour provision pour fluctuation des sinistres // Net capital for life insurance = Gross capital for life insurance

https://www.linguee.com/french-english/translation/provision...


The equalization provision shall comprise any amounts set aside in compliance with legal or administrative requirements to equalize fluctuations in loss ratios in future years or to provide for special risks. ... is necessarily limited and therefore justifies higher provisioning rates on account of significant fluctuations in loss.

EUR-Lex Access to European Union law - Europa EU
https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:32...
Expand all .... the cover granted will compulsorily include benefits linked to prevention and to ... The constitution of a technical equalisation provision (16) is provided for in ... to equalise fluctuations in loss ratios in future years or to provide for special ... provided for originally, which could result from risks of loss (amounts and ...

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Note added at 17 mins (2019-04-25 21:30:00 GMT)
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Rules on the setting up and valuation of technical provisions can be found both in the
IAD and in the prudential directives. Whereas in life assurance the most important regulations
on technical provisions are included in art. 17 of the directive 79/267/EEC, in non-life insurance
prudential directives refer to the IAD as regards the establishment and valuation of technical
provisions. However, the calculation of the equalisation provision is regulated in directive
73/239/EEC.

https://www.knf.gov.pl/knf/pl/komponenty/img/Technical_Provi...

--------------------------------------------------
Note added at 17 mins (2019-04-25 21:30:28 GMT)
--------------------------------------------------

https://www.agefi.lu/mensuel/Article.asp?NumArticle=3460

--------------------------------------------------
Note added at 13 days (2019-05-09 05:44:46 GMT) Post-grading
--------------------------------------------------

Thank you all.
Selected response from:

Erzsébet Czopyk
Hungary
Local time: 16:32
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +4provisions for fluctuations in the claims rate/- fluctuations in loss ratios
Erzsébet Czopyk


  

Answers


15 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +4
provisions for fluctuations in the claims rate/- fluctuations in loss ratios


Explanation:
[...] insignifiante, laquelle a été déduite de la provision pour fluctuation de sinistralité, conformément aux dispositions réglementaires [...] paperjam.lu
[...] which was deducted from the provisions for fluctuations in the claims rate, in line with the regulations for reinsurance companies.

taux de sinistralité => loss ratio

Crédit pour traités de réassurance en excédent de perte - Crédit pour provision pour fluctuation des sinistres // Net capital for life insurance = Gross capital for life insurance

https://www.linguee.com/french-english/translation/provision...


The equalization provision shall comprise any amounts set aside in compliance with legal or administrative requirements to equalize fluctuations in loss ratios in future years or to provide for special risks. ... is necessarily limited and therefore justifies higher provisioning rates on account of significant fluctuations in loss.

EUR-Lex Access to European Union law - Europa EU
https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=CELEX:32...
Expand all .... the cover granted will compulsorily include benefits linked to prevention and to ... The constitution of a technical equalisation provision (16) is provided for in ... to equalise fluctuations in loss ratios in future years or to provide for special ... provided for originally, which could result from risks of loss (amounts and ...

--------------------------------------------------
Note added at 17 mins (2019-04-25 21:30:00 GMT)
--------------------------------------------------

Rules on the setting up and valuation of technical provisions can be found both in the
IAD and in the prudential directives. Whereas in life assurance the most important regulations
on technical provisions are included in art. 17 of the directive 79/267/EEC, in non-life insurance
prudential directives refer to the IAD as regards the establishment and valuation of technical
provisions. However, the calculation of the equalisation provision is regulated in directive
73/239/EEC.

https://www.knf.gov.pl/knf/pl/komponenty/img/Technical_Provi...

--------------------------------------------------
Note added at 17 mins (2019-04-25 21:30:28 GMT)
--------------------------------------------------

https://www.agefi.lu/mensuel/Article.asp?NumArticle=3460

--------------------------------------------------
Note added at 13 days (2019-05-09 05:44:46 GMT) Post-grading
--------------------------------------------------

Thank you all.

Erzsébet Czopyk
Hungary
Local time: 16:32
Native speaker of: Native in HungarianHungarian
PRO pts in category: 8
Grading comment
Selected automatically based on peer agreement.
Notes to answerer
Asker: Great, thank you


Peer comments on this answer (and responses from the answerer)
agree  philgoddard
6 hrs
  -> Thank you very much!

agree  Ph_B (X): "loss ratios" rather than "claims rate"
8 hrs
  -> Thank you very much!

agree  Daryo: worsening of "loss ratios" is what hurts the piggy bank
10 hrs
  -> Thank you very much!

agree  Adrian MM.: nagyon szép!
10 hrs
  -> Merci beaucoup, Adrian :)
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