se suscriben en matriz

English translation: they are underwritten by the parent company

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:se suscriben en matriz
English translation:they are underwritten by the parent company
Entered by: Lydia De Jorge

01:40 Apr 26, 2012
Spanish to English translations [PRO]
Insurance / Minutes from insurance company meetings (from Mexico)
Spanish term or phrase: se suscriben en matriz
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!!!
Lydia De Jorge
United States
Local time: 07:53
they are underwritten by the parent company
Explanation:
My understanding!

due to the characteristics of such risks, they are underwritten by the parent company (as opposed to a branch office)
Selected response from:

Richard Hill
Mexico
Local time: 07:53
Grading comment
Many thanks, Rich!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1they are underwritten by the parent company
Richard Hill
4they are underwritten in Home Office
Patricia ONeill


  

Answers


25 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
they are underwritten by the parent company


Explanation:
My understanding!

due to the characteristics of such risks, they are underwritten by the parent company (as opposed to a branch office)

Richard Hill
Mexico
Local time: 07:53
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 48
Grading comment
Many thanks, Rich!

Peer comments on this answer (and responses from the answerer)
agree  Mónica Sauza
14 hrs
  -> Thanks, Mónica
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1 day 11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
they are underwritten in Home Office


Explanation:
Often, matriz stands for 'Casa Matriz' tha is referred to as Home Office, that is where the central underwriting area is.

Patricia ONeill
Local time: 09:53
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 27
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