GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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17:19 Jun 19, 2013 |
Swedish to English translations [PRO] Bus/Financial - Insurance | |||||||
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| Selected response from: Norskpro Norway Local time: 02:21 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +3 | loss experience / claims experience |
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5 +1 | claims history |
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4 +1 | loss results |
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4 | calender year experience |
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loss results Explanation: What is involved here are the losses for the year for the group as a whole. See this example from a leading commercial international broker at the link, on page 13: "We have clients whose favorable and highly credible overall loss results for the last several years, as well as the wide geographic dispersion of their employee populations, have led them to seriously consider whether benefit cost savings may be obtained through captive reinsurance arrangements." Another example, from the second link at page 3, appears below. Example sentence(s):
Reference: http://www.aon.com/about-aon/intellectual-capital/attachment... Reference: http://www.amica.com/pdfs/AnnualReport.pdf |
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