This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. Spanish to English
  3. Insurance

buena siniestralidad

English translation: good/favorable loss ratio

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:buena siniestralidad
English translation:good/favorable loss ratio
Entered by: Lydia De Jorge

02:05 Apr 26, 2012
Spanish to English translations [PRO]
Insurance / Minutes from insurance co
Spanish term or phrase: buena siniestralidad
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!
Lydia De Jorge
United States
Local time: 21:38
good/favorable loss ratio
Explanation:
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
Selected response from:

Richard Hill
Mexico
Local time: 21:38
Grading comment
Thank you!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +3good/favorable loss ratio
Richard Hill
4good claims rate
Patricia ONeill


  

Answers


3 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
good/favorable loss ratio


Explanation:
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

Richard Hill
Mexico
Local time: 21:38
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 48
Grading comment
Thank you!

Peer comments on this answer (and responses from the answerer)
agree  Claudia Luque Bedregal
14 mins
  -> Thanks, Claudia
agree  José Manuel Lozano
6 hrs
  -> Thanks, Jose
agree  philgoddard: Or claims record.
12 hrs
Login to enter a peer comment (or grade)

23 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
good claims rate


Explanation:
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.

Patricia ONeill
Local time: 23:38
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 27
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search