Glossary entry

Dutch term or phrase:

verzekeringstechnisch

English translation:

Insurance

Added to glossary by Willemina Hagenauw
Jul 3, 2007 21:58
16 yrs ago
2 viewers *
Dutch term

verzekeringstechnisch

Dutch to English Bus/Financial Finance (general) pension schemes
verzekeringstechnische risico's. De vereiste solvabiliteit voor verzekeringstechnische risico's bedraagt een percentage voorzien op actuele waarde berekend.

Proposed translations

+2
28 mins
Selected

Insurance

I think they just mean 'insurance risks'.
Peer comment(s):

agree Catherine Romanik (X)
44 mins
agree Eddie R. Notowidigdo
3 hrs
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4 KudoZ points awarded for this answer. Comment: "Many thanks, sometimes we make things more complicated than they have to be!"
8 hrs
9 hrs

insurance-related, insurance-based

Would be options here, IMHO.
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12 hrs

insurance technical

"insurance technical risks"

I know, I know, it sounds like a really bad translation, but it appears on some fairly high-powered websites, including the FSA in the UK:

"... determine and document policies for dealing with risk (including credit, market, group, operational, liquidity and insurance technical risks ..."

http://www.fsa.gov.uk/pubs/other/future-reg_insurance.pdf

and the National Association of Insurance Commissioners in the USA:

"the solvency regime requires a valuation methodology which makes optimal use of and is consistent with information provided by the financial markets and generally available data on insurance technical risks"

http://www.naic.org/documents/committees_e_iaswg_070603_iasb...

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Note added at 13 hrs (2007-07-04 11:00:40 GMT)
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In addition, IATE gives "insurance technical reserves" for "verzekeringstechnische voorzieningen". Now, I know you can't always trust IATE, but in this case a quick cross-check on Google shows that it's right (37,400 exact matches!).

http://www.google.com/search?hl=en&q="insurance technical re...

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