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Schadenablösung

English translation: Run-off of losses


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Schadenablösung
English translation:Run-off of losses
Entered by: Neil Crockford
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10:34 Jan 4, 2012
German to English translations [PRO]
Bus/Financial - Insurance / Aus einem Lebenslauf/Profil
German term or phrase: Schadenablösung
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)
Armin Prediger
Local time: 09:33
Run-off of losses
Explanation:
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).
Selected response from:

Neil Crockford
Local time: 09:33
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3Run-off of lossesNeil Crockford


Discussion entries: 1





  

Answers


15 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Run-off of losses


Explanation:
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).

Neil Crockford
Local time: 09:33
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 119
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Changes made by editors
Jan 15 - Changes made by Neil Crockford:
Created KOG entryKudoZ term => KOG term


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