Glossary entry

English term or phrase:

accumulations

Italian translation:

Aggregazioni

Added to glossary by Andrea Cigliola (X)
Nov 11, 2009 22:45
14 yrs ago
5 viewers *
English term

accumulations

English to Italian Bus/Financial Insurance Annual Report
Si tratta della Relazione di gestione sui rischi finanziari di una compagnia di assicurazione e riassicurazione:

In the case of our terrorism business we monitor our
** accumulations ** within a circle of 200m radius and our 5 largest of these by geographic zone are the following ($m):

Si elencano quindi distretti di Toronto, NY, Mosca Londra ecc.

Il termine si trova anche in un altro paragrafo:

The Company seeks to limit its loss exposure by purchasing reinsurance limits up to its maximum line sizes and accumulations....

Qualcuno potrebbe aiutarmi a capire il concetto di "accumulations" in questi contesti?

Grazie in anticipo
Proposed translations (Italian)
3 Aggregazioni
Change log

Nov 15, 2009 16:04: Andrea Cigliola (X) Created KOG entry

Proposed translations

4 hrs
Selected

Aggregazioni

I did a bit of research on this term and would like to take you through what I have found. I am guessing only though, so be patient with me :)

First I searched the term "accumulations" and this is what I came up with:
accumulation
"In property and casualty insurance, refers to the total combined risks that could be involved in a single loss event (involving one or more insured perils)."

so from here I started searching things like "analisi dei rischi assicurativi" or "totale rischi assicurativi" etc etc.

so from here I found a power point slide show that explains these "aggregazioni" and it seemed to me like I was getting close to what you are looking for, which is "the total amount of risk in providing insurance within a certain geographical area". the slide talks about loss exposure too etc.
anyway, I think you might find the following link useful:

www.ordineattuari.it/upload/Documenti/CrencaAIV2007.ppt

I really hope this helps!
Note from asker:
Thank you a very welcome help at thi hour of the night! (3.15 am here). I had a vague idea that it involved more than one risk or more than one claim.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Grazie mille dell'aiuto!!"
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