GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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19:18 Mar 13, 2007 |
German to English translations [PRO] Bus/Financial - Insurance / Financial report (of an insurance company) | |||||
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| Selected response from: Tim Jenkins United Kingdom Local time: 10:24 | ||||
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Summary of answers provided | ||||
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4 +1 | premium erosion |
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1 | downward pressure on premiums |
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Prämienabriebs downward pressure on premiums Explanation: a wild guess -------------------------------------------------- Note added at 9 mins (2007-03-13 19:28:19 GMT) -------------------------------------------------- dwindling premiums |
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Prämienabriebs premium erosion Explanation: "The merger and consolidation activity witnessed in 2005 abated slightly in 2006, although it has been a significant factor in the -7% premium erosion in the market year–to–date." Reference: http://www.aon.com/about/publications/aviation/2006_airline_... |
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