Glossary entry (derived from question below)
Spanish term or phrase:
se suscriben en matriz
English translation:
they are underwritten by the parent company
Added to glossary by
Lydia De Jorge
Apr 26, 2012 01:40
12 yrs ago
2 viewers *
Spanish term
se suscriben en matriz
Spanish to English
Other
Insurance
Minutes from insurance company meetings (from Mexico)
Adicionalmente GL pregunto, el porque tener este tipo de riesgos si son excluidos? HR aclaro que existe un error de definicion, ya que este tipo de riesgos son excluidos de los contratos automaticos de reaseguro, y que por sus caracteristicas se suscriben en matriz y se suscriben bajo condiciones especiales, pero no estan excluidos de la suscripcion.
TIA!!!
TIA!!!
Proposed translations
(English)
3 +1 | they are underwritten by the parent company | Richard Hill |
4 | they are underwritten in Home Office | Patricia ONeill |
Proposed translations
+1
25 mins
Selected
they are underwritten by the parent company
My understanding!
due to the characteristics of such risks, they are underwritten by the parent company (as opposed to a branch office)
due to the characteristics of such risks, they are underwritten by the parent company (as opposed to a branch office)
4 KudoZ points awarded for this answer.
Comment: "Many thanks, Rich!"
1 day 11 mins
they are underwritten in Home Office
Often, matriz stands for 'Casa Matriz' tha is referred to as Home Office, that is where the central underwriting area is.
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