This question was closed without grading. Reason: Other
Oct 24, 2011 23:33
12 yrs ago
Spanish term

"reserva" and "reserva a mn."

Spanish to English Bus/Financial Insurance
This is the name of a column in a spreadsheet listing various claims made to an insurance company, with other headings including the following which precede these two:
Folio
Poliza
Moneda-T (which I am assuming is "Moneda de transaccion")

And the following which follow them:
Ajustes
Pagos
etc.

Any help would be greatly appreciated! Thank you in advance!

Discussion

mchavanne Nov 21, 2011:
Reserve and Reserve to maintain? I agree with Andy, Reserva is the Claim Reserve. I'm not sure about mn though, it could be Minimum or Maintained maybe? I've seen insurance companies keep two different reserve figures in the past, one indicating the current reserve and one indicating the amount they actually think they will pay (the two can differ due to various factors such as a different legal perspective on a claim being disputed for example).
Andy Watkinson Oct 25, 2011:
Claims reserve
Probably refers to the claims reserve, i.e. the sums reserved for payout on claims which have yet to be settled.
Can't help with the second expression.
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