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uavl�pt

English translation: unexpired


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:uavløpt
English translation:unexpired
Entered by: Charles Ek
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14:42 Apr 18, 2010
Norwegian to English translations [PRO]
Bus/Financial - Insurance / pension agreements
Norwegian term or phrase: uavl�pt
In connection with the transfer of pension agreements from one enterprise to another. As follows: "For tilflyttede risikoavtaler forutsettes det at premie beregnes som for ny etablering. Eventuell uavl�pt risikopremie i avgivende selskap overf�res til premiefond."
doatley
Norway
Local time: 12:24
unexpired
Explanation:
The phrase "uavløpt risikopremie" appears in a news report on quarterly results for Bluewater Insurance ASA at http://tinyurl.com/y3f5g9e. I haven't found an English translation for that particular quarterly report, but "unexpired risk premium" does appear in a subsequent Bluewater report at the first reference link below.

This example from Lloyd's appears in the second reference link below:
"An Unexpired Risk Provision must be provided where the expected value of claims and claims management expenses attributable to the unexpired periods of policies in force at the balance sheet date exceeds the unearned premiums provision in relation to such policies after deduction of any deferred acquisition costs."

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Note added at 1 hr (2010-04-18 15:48:30 GMT)
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Sorry, the English phrase is actually "unexpired risk provision". :-(
Selected response from:

Charles Ek
United States
Local time: 06:24
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5unexpired
Charles Ek


  

Answers


1 hr   confidence: Answerer confidence 5/5
unexpired


Explanation:
The phrase "uavløpt risikopremie" appears in a news report on quarterly results for Bluewater Insurance ASA at http://tinyurl.com/y3f5g9e. I haven't found an English translation for that particular quarterly report, but "unexpired risk premium" does appear in a subsequent Bluewater report at the first reference link below.

This example from Lloyd's appears in the second reference link below:
"An Unexpired Risk Provision must be provided where the expected value of claims and claims management expenses attributable to the unexpired periods of policies in force at the balance sheet date exceeds the unearned premiums provision in relation to such policies after deduction of any deferred acquisition costs."

--------------------------------------------------
Note added at 1 hr (2010-04-18 15:48:30 GMT)
--------------------------------------------------

Sorry, the English phrase is actually "unexpired risk provision". :-(


    Reference: http://tinyurl.com/y3wxn5v
    Reference: http://tinyurl.com/y4cn986
Charles Ek
United States
Local time: 06:24
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 12
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Changes made by editors
Apr 23, 2010 - Changes made by Charles Ek:
Created KOG entryKudoZ term => KOG term


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