GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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12:34 Oct 1, 2007 |
Swedish to English translations [PRO] Bus/Financial - Insurance | |||||||
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| Selected response from: Adrian MM. (X) Local time: 13:50 | ||||||
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Summary of answers provided | ||||
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4 | Idle generation on loading for contingencies |
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3 | Released contingency load charges |
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Idle generation on loading for contingencies Explanation: I would translate it in this way |
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Released contingency load charges Explanation: Paying lip-service to Gullberg's loading for contingencies. If this under profit/income shown, then there could be a gain made on releasing the provision-like charges as 'freed-up reserves'. Example sentence(s):
Reference: http://linkinghub.elsevier.com/retrieve/pii/S016766870400110... |
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