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Commutation

Polish translation: wypłata ryczałtowa ubezpieczenia

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:commutation
Polish translation:wypłata ryczałtowa ubezpieczenia
Entered by: Maciej Andrzejczak
Options:
- Contribute to this entry
- Include in personal glossary

11:46 Aug 12, 2010
English to Polish translations [PRO]
Bus/Financial - Insurance / reasekuracja
English term or phrase: Commutation
Commutation of outwards reinsurances will normally only be undertaken in circumstances in which:

• The Reinsurer is regarded as financially impaired
• The reinsurance is too costly to administer, having limited residual reserve and minimal risk of material adverse development
• Overall Group interest supports a commutation
g) Wherever possible, Group Reinsurance will identify potentially impaired Reinsurers with whom commutation of liabilities should be pursued. No commutation may be agreed with a "Watch List" Reinsurer without the agreement of Group Reinsurance.
h) Regions / Countries will negotiate the commutation for their own benefit. Where more than one Region / Country is involved, Regions / Countries will agree with Group Reinsurance who will
undertake negotiations on behalf of the Group.

Wiem, że coś podobnego już było (przeliczenia), ale chcę się upewnić w tym kontekście.
Rafał Kotlicki
Poland
Local time: 06:21
wypłata ryczałtowa ubezpieczenia
Explanation:
zwana też komutacją (życiówka)
Selected response from:

Maciej Andrzejczak
Poland
Local time: 06:21
Grading comment
Dziękuję.
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +1wypłata ryczałtowa ubezpieczenia
Maciej Andrzejczak


  

Answers


30 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
commutation
wypłata ryczałtowa ubezpieczenia


Explanation:
zwana też komutacją (życiówka)

Maciej Andrzejczak
Poland
Local time: 06:21
Works in field
Native speaker of: Native in PolishPolish
PRO pts in category: 68
Grading comment
Dziękuję.

Peer comments on this answer (and responses from the answerer)
agree  Roman Kozierkiewicz
7 mins
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Changes made by editors
Aug 17, 2010 - Changes made by Maciej Andrzejczak:
Created KOG entryKudoZ term » KOG term
Aug 12, 2010:
Kudoz queueIn queue » Public


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