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reasigurare

English translation: Reinsurance

09:10 Jul 3, 2014
Romanian to English translations [PRO]
Insurance / general terminology
Romanian term or phrase: reasigurare
REASIGURÁRE, reasigurări, s. f. Acțiunea de a (se) reasigura și rezultatul ei. ♦ Operație prin care o societate de asigurări se asigură ea însăși la o altă societate de asigurări (pentru a obține acoperire la o parte din riscuri). [Pr.: re-a-] – V. reasigura.
Andreea Bostan
United Kingdom
English translation:Reinsurance
Explanation:
Reinsurance is insurance that is purchased by an insurance company (the "ceding company" or "cedant" or "cedent" under the arrangement) from one or more other insurance companies (the "reinsurer") directly or through a broker as a means of risk management, sometimes in practice including tax mitigation and other reasons described below.
http://en.wikipedia.org/wiki/Reinsurance
Selected response from:

Claudia Coja
Local time: 05:02
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +7Reinsurance
Claudia Coja


  

Answers


16 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +7
Reinsurance


Explanation:
Reinsurance is insurance that is purchased by an insurance company (the "ceding company" or "cedant" or "cedent" under the arrangement) from one or more other insurance companies (the "reinsurer") directly or through a broker as a means of risk management, sometimes in practice including tax mitigation and other reasons described below.
http://en.wikipedia.org/wiki/Reinsurance

Claudia Coja
Local time: 05:02
Native speaker of: Native in RomanianRomanian
PRO pts in category: 12
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Simona Pop
1 min
agree  Mihaela Buruiana
8 mins
agree  Ana-Maria Vieru
15 mins
agree  Oana Precup
37 mins
agree  Val R.: Also known as "insurance for insurers" or "stop-loss insurance" :insurers transfer portions of risk portfolios to other parties by means of an agreement and reduce the likelihood of having to pay a large obligation resulting from an insurance claim.
2 hrs
agree  mcs13 (X)
5 hrs
agree  Alina Simina Nesu
9 hrs
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