'seguro acogido al defensor del asegurado'

English translation: (insurance) contract covered under the insurance ombudsman bureau scheme

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:'seguro acogido al defensor del asegurado'
English translation:(insurance) contract covered under the insurance ombudsman bureau scheme
Entered by: Alicia Jordá

19:04 May 7, 2004
Spanish to English translations [PRO]
Real Estate / legal contract
Spanish term or phrase: 'seguro acogido al defensor del asegurado'
This is on the advertisement of a Spanish reinsurance company.
Janon
Local time: 03:49
(insurance) contract covered under the insurance ombudsman bureau
Explanation:
Eurodicautom:

Subject Insurance (AS)




(1)
TERM oficina del defensor del asegurado



(1)
TERM insurance ombudsman bureau

Selected response from:

Alicia Jordá
Local time: 04:49
Grading comment
Thanks very much
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1insurance taken out to protect the insurer
Marian Greenfield
5 +1(insurance) contract covered under the insurance ombudsman bureau
Alicia Jordá
5insurance taken out to protect the insured
Paul Stevens


  

Answers


6 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
insurance taken out to protect the insurer


Explanation:
which is what reinsurance is all about....

Marian Greenfield
Local time: 22:49
Native speaker of: Native in EnglishEnglish
PRO pts in category: 78

Peer comments on this answer (and responses from the answerer)
agree  ojinaga
4 hrs
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25 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
(insurance) contract covered under the insurance ombudsman bureau


Explanation:
Eurodicautom:

Subject Insurance (AS)




(1)
TERM oficina del defensor del asegurado



(1)
TERM insurance ombudsman bureau



Alicia Jordá
Local time: 04:49
Works in field
Native speaker of: Spanish
PRO pts in category: 16
Grading comment
Thanks very much

Peer comments on this answer (and responses from the answerer)
agree  KirstyMacC (X): under the ins. ombud. scheme
2 hrs
  -> yes, more accurate thanks Counsel, regards!
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1 hr   confidence: Answerer confidence 5/5
insurance taken out to protect the insured


Explanation:
"asegurado" = "insured" and NOT "insurer", and whilst Marian's comment to her answer is correct, reinsurance does also protect the insured, since, if the insurer does not have any reinsurance and cannot pay the claim because of financial diccifulties, then the insured could well lose out.

20+ years experience in international insurance.

HTH

Paul Stevens
Local time: 03:49
Native speaker of: Native in EnglishEnglish
PRO pts in category: 7
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