Glossary entry (derived from question below)
Spanish term or phrase:
buena siniestralidad
English translation:
good/favorable loss ratio
Added to glossary by
Lydia De Jorge
Apr 26, 2012 02:05
12 yrs ago
8 viewers *
Spanish term
buena siniestralidad
Spanish to English
Other
Insurance
Minutes from insurance co
XXX pregunto tambien la razon por la cual se tiene establecido un limite de 1.5 millones de dolares para el negocio de paquete empresarial? YYY comento que ese limite se definio como consecuencia de la masa critica de ese producto, y como consecuencia de la buena siniestralidad a esos niveles, ya que por arriba de esta suma asegurada existia mucha dispersion como para tomar una suma asegurada mayor. VVV solicito verificar ese nivel de suma asegurada para conocer si es posible asumir mas negocio.
Thanks for your help!
Thanks for your help!
Proposed translations
(English)
3 +3 | good/favorable loss ratio | Richard Hill |
4 | good claims rate | Patricia ONeill |
Proposed translations
+3
3 mins
Selected
good/favorable loss ratio
favorable loss ratio
To achieve success and favorable loss-ratio, it is important to use experts in traversing this mine field, negotiators who are well versed in the cost-to-charge ratios of hospitals, average costs, insurance knowledge, medical expertise, legal knowledge, economics, and a host of other modalities. Attempting to negotiate the increasingly common million dollar claim, is not for the rookie negotiator, or the faint of heart".
http://www.plotkinconsulting.com/news/default.php
To achieve success and favorable loss-ratio, it is important to use experts in traversing this mine field, negotiators who are well versed in the cost-to-charge ratios of hospitals, average costs, insurance knowledge, medical expertise, legal knowledge, economics, and a host of other modalities. Attempting to negotiate the increasingly common million dollar claim, is not for the rookie negotiator, or the faint of heart".
http://www.plotkinconsulting.com/news/default.php
4 KudoZ points awarded for this answer.
Comment: "Thank you!"
23 hrs
good claims rate
Siniestralidad refers to the amount and expense of claims presented before the insurance company, and is compared to the claims rate assumed when quoting the business.
Something went wrong...