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run-off basis


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20:41 Feb 21, 2006
English to Spanish translations [Non-PRO]
English term or phrase: run-off basis
Termination of this Contract shall be on a run-off basis and the Reinsurer shall remain liable as respects Original Policies in-force at the date of termination for losses occurring subsequent thereto

Summary of answers provided
4en base al "run-off"
Claudia Luque Bedregal
2reaseguroArturo Munilla



14 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5

Termination of reinsurance on a run-off basis, i.e., reinsurance continues until the expiration of policies reinsured according to their original expiration dates.

Arturo Munilla
Local time: 14:13
Native speaker of: Native in SpanishSpanish
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132 days   confidence: Answerer confidence 4/5Answerer confidence 4/5
en base al "run-off"

El término run-off referencia al seguimiento en el tiempo de los resultados y la siniestralidad de un contrato o cartera cancelados. Se utiliza en inglés entre comillas.
(Diccionario Mapfre de Seguros)

Run-off = a liability remaining to be met after termination of the insurance

Claudia Luque Bedregal
Local time: 19:13
Specializes in field
Native speaker of: Spanish
PRO pts in category: 121
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Voters for reclassification
PRO / non-PRO
PRO (1): Claudia Luque Bedregal

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