GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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02:55 Jun 25, 2002 |
German to English translations [PRO] Bus/Financial | |||||||
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| Selected response from: Mats Wiman Sweden Local time: 00:59 | ||||||
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indiviualized, risk-oriented computation of premiums Explanation: Literally, it means computing premiums which 'do justice to' the risk involved. The higher the risk, the higher the premium. Reference: http://www.dicdata.de/ |
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risk-based Explanation: individualized risk-based premium calculation gerecht here = conforming with, being based on... Duden-Oxford+MW |
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