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Exteriorización (doubts)

English translation: Exteriorización

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10:21 Jul 27, 2001
Spanish to English translations [PRO]
Bus/Financial
Spanish term or phrase: Exteriorización (doubts)
In the crisis situation confronting European welfare, "exteriorización" (outsourcing) is a common buzzword. But how does this tie in: "Las dos vías de exteriorización: Seguros de vida y Planes de pensiones"? Its the title of a seminar, and I can understand outsourcing of pension schemes, but what life insurance has been outsourced here in relation to the existing Social Security system? (Spanish context).
Parrot
Spain
Local time: 16:53
English translation:Exteriorización
Explanation:
I agree with "outsourcing" in the following suggestion

"the two ways of outsourcing"
Selected response from:

xxxdreyfu
Local time: 16:53
Grading comment
In the context of the SS Law, this is outsourcing.
1 KudoZ points were awarded for this answer

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Summary of answers provided
naexteriorisaciónMargaBBB
naExteriorizaciónxxxdreyfu


  

Answers


25 mins
Exteriorización


Explanation:
I agree with "outsourcing" in the following suggestion

"the two ways of outsourcing"

xxxdreyfu
Local time: 16:53
PRO pts in pair: 4
Grading comment
In the context of the SS Law, this is outsourcing.
Login to enter a peer comment (or grade)

25 mins
exteriorisación


Explanation:
What is being "exteriorised" here (not outsourced) is usually a company fund for staff pensions/life insurance. The law in Spain is forcing companies to "exteriorise" these funds and put them into hands of management companies (often insurers) with input from the beneficiaries. I speak from 3 years' experience as in-house translator in an insurance company. Regret no references, but hope this helps.

MargaBBB
Local time: 16:53
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 28
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