policies and slips

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18:25 Jul 6, 2018
English to Spanish translations [PRO]
Law/Patents - Law: Contract(s) / Contrato
English term or phrase: policies and slips

Policy and Policyholder: each has the meaning set out in section 424(2) of FSMA and articles 2 and 3 of the Financial Services and Markets Act 2000 (Meaning of “Policy” and “Policyholder”) Order 2001 (S.I. 2001/2361) save that Policy shall include general insurance and/or general reinsurance binders, policies and slips, any indemnity or other similar obligation covering or having the effect of covering insurance liability and any endorsements or amendments thereto.

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Summary of reference entries provided
Taña Dalglish


Reference comments

1 hr
Reference: Findings

Reference information:
Maybe this can help you or one of our colleagues find the right term in Spanish. I haven't been able to find the right equivalent yet.

The piece of paper containing all the pertinent information regarding the risk and the insurance terms and conditions that the broker submits to the underwriter at Lloyd's of London. Should the underwriter decide to participate on the risk, the percentage and pricing are recorded in addition to the underwriter's signature. The process is then repeated until the slip is completely filled. The slip forms the basis for the insurance coverage contract and, in the event of a difference in wording between the slip and the policy issued from it, the slip supersedes the policy as the binding insurance document.

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Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
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2 hrs
Reference: Refs.

Reference information:
A temporary record of reinsurance arrangements for which coverage has been effected, pending replacement by a formal reinsurance contract. Also PLACING SLIP, SLIP.
A commitment to provide reinsurance coverage pending replacement by a formal reinsurance contract, usually a FACULTATIVE CERTIFICATE.

placement slip > certificado de reaseguro - ProZ.com
... de reaseguro. Explicación: es un comprobante de la contratación ... 4 +2, Comprobante de solicitud de renovación ... Also PLACING SLIP, SLIP. Compare ...

“per risk” reinsurance Can protect a treaty from adverse underwriting ...

A placing slip; Signing slip. The underwriters will on placement ... Paul Toomey v Banco Vitalicio De Espana Sa De Seguros Y Reaseguros (2004). Interpretation.
[PPT]REINSURANCE: The role, underwriting and markets for underwriters
MAPFRE RE, Compania de Reaseguros, S.A. —3,143 16. ...... This download would use the placing slip, together with additional risk information, as the legally ...

placement slip: Documento mediante el cual la Compañía Aseguradora comprueba la colocación o suscripción del Reaseguro

Taña Dalglish
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Native speaker of: Native in EnglishEnglish
PRO pts in category: 92
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