reinsurance may be general model when the underlying contract risk is PAA or VFA

Spanish translation: Key terms:

03:27 Apr 19, 2019
English to Spanish translations [PRO]
Bus/Financial - Law: Contract(s) / insurance contracts
English term or phrase: reinsurance may be general model when the underlying contract risk is PAA or VFA
No logro dar con esta traducción, ya que en pocas páginas hablan de un 'modelo general'

La frase completa es: Mismatch due to different models – reinsurance may be general model when the underlying contract risk is PAA
or VFA
María José Toledo
Chile
Spanish translation:Key terms:
Explanation:
As others have pointed out, the quote is quite long...

Key terms:
PAA=Premium allocation approach=Enfoque de asignación de primas=EAP
VFA=Variable fee approach=Enfoque de tarifas variable=ETV
General model=Modelo de medición general
Reinsurance=reaseguro
underlying (here)=subyacente

These are all terms from IFRS 17, accounting standards for insurance:
ES: https://home.kpmg/content/dam/kpmg/co/pdf/2018/04/IFRS 17 KP...
EN:
https://www.ifrs.org/-/media/feature/supporting-implementati...

It should be a small tast to put it all together...
Selected response from:

Enrique Bjarne Strand Ferrer
Norway
Local time: 11:44
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2Key terms:
Enrique Bjarne Strand Ferrer


Discussion entries: 1





  

Answers


4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
reinsurance may be general model when the underlying contract risk is paa or vfa
Key terms:


Explanation:
As others have pointed out, the quote is quite long...

Key terms:
PAA=Premium allocation approach=Enfoque de asignación de primas=EAP
VFA=Variable fee approach=Enfoque de tarifas variable=ETV
General model=Modelo de medición general
Reinsurance=reaseguro
underlying (here)=subyacente

These are all terms from IFRS 17, accounting standards for insurance:
ES: https://home.kpmg/content/dam/kpmg/co/pdf/2018/04/IFRS 17 KP...
EN:
https://www.ifrs.org/-/media/feature/supporting-implementati...

It should be a small tast to put it all together...


Enrique Bjarne Strand Ferrer
Norway
Local time: 11:44
Specializes in field
Native speaker of: Native in NorwegianNorwegian, Native in SpanishSpanish
PRO pts in category: 8
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Luis M. Sosa: Agree. Good job; good references.
1 day 7 hrs

agree  JohnMcDove
94 days
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