Glossary entry (derived from question below)
Spanish term or phrase:
cuota parte
English translation:
quota share (reinsurance treaty)
Added to glossary by
cmwilliams (X)
Apr 22, 2004 19:40
20 yrs ago
45 viewers *
Spanish term
United States
Save the World from bad translations!
Native in: English 
Works in: Spanish to English, English to Spanish
cuota parte
Spanish to English
Bus/Financial
Insurance
Mexican insurance company
"En el Programa Anual de Reaseguro de la compañía, únicamente se cuenta con un contrato automático proporcional de CUOTA PARTE, para el Beneficio Adicional de Muerte Accidental"
Proposed translations
(English)
| 5 | quota share |
cmwilliams (X)
|
| 5 | * |
Indiana
|
Proposed translations
2 hrs
Selected
quota share
(automatic) proportional quota share treaty
Quota share is a type of proportional reinsurance contract, or treaty, which is the more usual reinsurance term. It is not really necessary to say automatic, as this is understood.
...quota share reinsurance. A proportional or pro rata reinsurance treaty
where the same proportion is ceded on all cessions. The reinsurer ...
insurance.cch.com/rupps/quota-share-reinsurance.htm
quota share reinsurance. Reinsurance — A proportional or pro rata reinsurance
treaty where the same proportion is ceded on all cessions. ...
insource.nils.com/gloss/GlossaryTerm.asp?tid=4866
... nonproportional basis. A quota share reinsurance treaty is a reinsurance
contract that provides protection on a proportional basis. For example, an insurance company may wish to reinsure the first $100,000 of loss by allowing reinsurers to share in 80 percent of the risk on a quota share basis. If a $100,000 loss is paid, the ceding company retains 20 percent and the reinsurers pay 80 percent. Premiums, less a retained fee called a "ceding commission," are shared in the same proportion.
www.irmi.com/expert/articles/schiffer010.asp
Quota share is a type of proportional reinsurance contract, or treaty, which is the more usual reinsurance term. It is not really necessary to say automatic, as this is understood.
...quota share reinsurance. A proportional or pro rata reinsurance treaty
where the same proportion is ceded on all cessions. The reinsurer ...
insurance.cch.com/rupps/quota-share-reinsurance.htm
quota share reinsurance. Reinsurance — A proportional or pro rata reinsurance
treaty where the same proportion is ceded on all cessions. ...
insource.nils.com/gloss/GlossaryTerm.asp?tid=4866
... nonproportional basis. A quota share reinsurance treaty is a reinsurance
contract that provides protection on a proportional basis. For example, an insurance company may wish to reinsure the first $100,000 of loss by allowing reinsurers to share in 80 percent of the risk on a quota share basis. If a $100,000 loss is paid, the ceding company retains 20 percent and the reinsurers pay 80 percent. Premiums, less a retained fee called a "ceding commission," are shared in the same proportion.
www.irmi.com/expert/articles/schiffer010.asp
4 KudoZ points awarded for this answer.
Comment: "Superb work, Williams. Excellent explanation. I'd award more points if I could."
1 hr
Discussion
Is there ever a time when we should translate a phrase out of context?
saludos and no hard feelings.
I rejected the first two entries because they make no attempt to show their translations in context.