Glossary entry

English term or phrase:

long-tailed

Spanish translation:

conlleva una serie de obligaciones contraídas

Added to glossary by Edward Lum
Dec 5, 2003 01:40
20 yrs ago
22 viewers *
English term

long-tailed

English to Spanish Bus/Financial
However because of the long-tailed nature of the business it is important that premiums are set at such a level to cover our expenses and also make a contribution to profit over time.

Proposed translations

+1
49 mins
Selected

conlleva una serie de obligaciones contraídas

...la naturaleza del negocio es tal que arrastra o conlleva una serie (cola) de obligaciones contraídas...

Se está haciendo referencia a una "cola" larga de obligaciones.

Long Tail:
The liability for a current-year syndicate at Lloyd's to pay claims against policies written by syndicates that operated and closed in prior years. A current Lloyd's "syndicate-year" (see below) assumed these liabilities by "reinsuring to close" its predecessor, which had reinsured its predecessor, which had reinsured its predecessor, which had done the same, all the way back to the first year the syndicate began operations. This tail of old obligations assumed by the current "year" of a longstanding syndicate could, and in some cases did, stretch back 50 years and more.

http://www.truthaboutlloyds.com/misleadingterms.html#Long Tail:
Peer comment(s):

agree colemh : 8-)
10 hrs
Gracias, colemh
Something went wrong...
4 KudoZ points awarded for this answer.
+1
21 mins

de cola-larga

de larga-cola


Long Tail (A/D)

A class of general insurance where claims take a long time to settle, as opposed to Short Tail. Liability Claims are often long tail.Long tail claims are often for large amounts. So the graph of the Loss Distribution has a "long tail" extending to the right.
Peer comment(s):

agree Boris Nedkov : a largo plazo
3 hrs
Bien, gracias altahir
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search