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How does Conges work?
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Conges terminology question
251 months ago
Roxan a Kohon (a guest user) asked this question:
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Language pair: |
Spanish > English |
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Subject: |
Business / Marketing / Financial |
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Level of diffculty: |
Easy / medium |
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Word or term in question: |
retencion propia |
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Context: |
seguros |
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Keywords: |
seguros |
This question has already been answered and rated. Therefore, no new answers can be given.
Complete list of answers and comments
insurer retention
My comment:
It's the part of the risk that isn't reinsured. The insurance company keeps it under its exclusive responsibility and on its own account.
The asker rated this answer best
Excess or deduction retained by the insurance company
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