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train · 1.43k rows

id int64 1 1.43k	term_english stringlengths 3 83	definition_english stringlengths 18 1.62k	term_italian stringlengths 3 63 ⌀	term_french stringlengths 3 80 ⌀	term_german stringlengths 3 78 ⌀	term_chinese stringlengths 1 22 ⌀	term_spanish stringlengths 3 106 ⌀	term_japanese stringlengths 2 30 ⌀	term_portuguese stringlengths 3 87 ⌀
201	Cash Plans	Hospital cash insurance pays a fixed amount of money for each day insured is hospitalised for medical treatment or surgery. The total amount paid under this policy may be more or less than insured's actual medical expenses. Also known as: Hospital Cash Plans	Piani Cash	Plans d'indemnités journalières	Krankenhaus-Tagegeldversicherung	现金计划	Planes de Efectivo Hospitalario	現金給付プラン	Planos de Caixa
202	cash surrender value	The amount payable to a policyholder upon early termination of a life insurance policy, typically equal to the reserve minus surrender charges.	Valore di Riscatto	Valeur de rachat	Rückkaufswert	现金退保价值	valor de rescate en efectivo	解約返戻金	valor de resgate
203	Casualty Accumulation Risk	Casualty accumulation risk is the concentration of insured risks or insurance coverages that may be affected by events or circumstances that cause substantial losses under several insurance policies, and potentially over multiple years and geographies.	Rischio di Cumulo Danni	Risque d'accumulation de sinistres	Haftpflicht-Kumulrisiko	意外累积风险	Riesgo de Acumulación de Siniestros	損害累積リスク	Risco de Acumulação de Casualidades
204	Casualty Insurance	A broad category of non-life, non-health coverage against loss of property, damage or other liabilities, including such things as vehicle insurance, liability insurance, theft insurance, machinery, and crime.	Assicurazione Danni	Assurance dommages	Haftpflichtversicherung	意外保险	Seguro de Daños	損害保険	Seguro de Casualidades
205	Catastrophe	A relatively infrequent event or natural phenomenon that produces large aggregate losses.	Catastrofe	Catastrophe	Katastrophe	巨灾	Catástrofe	巨大災害	Catástrofe
206	Catastrophe Model	A model of low-frequency events with high-severity or widespread potential effects. Catastrophe models may be used to explain a system, to study effects of different components, or to derive estimates.	Modello Catastrofale	Modèle catastrophe	Katastrophenmodell	巨灾模型	Modelo de Catástrofe	巨大災害モデル	Modelo de Catástrofe
207	Catastrophe Ratemaking Procedures	Ratemaking procedures that adjust for the impact of catastrophe losses in the experience data and determine a provision for catastrophe losses and loss adjustment expenses.	Procedure di Tariffazione Catastrofale	Procédures de tarification catastrophe	Katastrophen-Tarifgestaltungsverfahren	巨灾费率厘定程序	Procedimientos de Tarificación de Catástrofes	巨大災害料率算定手続き	Procedimentos de Tarifação de Catástrofe
208	Catastrophe Reinsurance	Catastrophe Reinsurance provides protection when losses from a single event such as an earthquake or hurricane exceed the buyer's specified retention.	Riassicurazione Catastrofale	Réassurance catastrophe	Katastrophen-Rückversicherung	巨灾再保险	Reaseguro de Catástrofe	巨大災害再保険	Resseguro de Catástrofe
209	Catastrophe Reserve	Reserve set aside for catastrophic event. These pre-event catastrophe reserves are designed to accumulate, over time, a portion of the capital an insurer may require to pay catastrophe claims. The advantage to the insurer is that this capital is put aside on a pre-tax basis and held in a liability account known as a c...	Riserva Catastrofale	Provision pour catastrophe	Katastrophenrückstellung	巨灾准备金	Reserva de Catástrofe	巨大災害準備金	Reserva de Catástrofe
210	Ceded Reinsurance	The enterprise ceding (giving up) the risks is said to place outward reinsurance. Reinsurance ceded by an insurer or reinsurer, as opposed to inwards reinsurance which is reinsurance accepted. Also known as: Outwards Reinsurance (UK)	Riassicurazione Ceduta	Réassurance cédée	Abgegebene Rückversicherung	分出再保险	Reaseguro Cedido	出再保険	Resseguro Cedido
211	Ceding Company	An insurance or reinsurance company that transfer the part or all of its risks from its insurance policy portfolio to a reinsurer. Also known as: Cedant	Compagnia Cedente	Cédante	Zedent	分出公司	Compañía Cedente	出再会社	Empresa Cedente
212	Ceding Entity	The entity that is transferring insurance risk in a reinsurance agreement, such as an employer transferring risk under a stop-loss arrangement, an insurance company transferring risk to a reinsurer, or a reinsurer transferring risk to a retrocessionaire.	Entità Cedente	Entité cédante	Zedierender Versicherer	分出实体	Entidad Cedente	出再主体	Entidade Cedente
213	Central Fund	A part of third link of Lloyd's capital structure that used to provide financial security to policyholders and capital efficiency to Lloyd's members.	Fondo Centrale	Fonds central	Zentralfonds	中央基金	Fondo Central	中央基金	Fundo Central
214	central limit theorem	A statistical principle stating that the distribution of the sum of many independent random variables approaches a normal distribution, regardless of their original distributions.	Teorema del Limite Centrale	Théorème central limite	Zentraler Grenzwertsatz	中心极限定理	teorema central del límite	中心極限定理	teorema do limite central
215	central rate of mortality	The average mortality rate over a given age interval, calculated as deaths during the interval divided by average exposure.	Tasso Centrale di Mortalità	Taux central de mortalité	Zentrale Sterblichkeitsrate	中心死亡率	tasa central de mortalidad	中央死亡率	taxa central de mortalidade
216	Chain Ladder Method	The Chain Ladder Method (CLM) is a method for calculating the claims reserve requirement in an insurance companyâ€™s financial statement. The CLMÂ is used by insurers to forecast the amount of reserves that must be established in order to cover future claims.	Metodo Chain Ladder	Méthode Chain Ladder	Chain-Ladder-Methode	链梯法	Método Chain Ladder	チェインラダー法	Método Chain Ladder
217	Change Enablement	Change is continuous and often rapid. Actuaries apply systematic thinking to change initiatives and act to overcome barriers to change and support change. Implementing change effectively involves developing and executing strategies and action plans.	Abilitazione al Cambiamento	Facilitation du changement	Veränderungsermöglichung	变革推动	Habilitación del Cambio	変革実現	Habilitação para Mudança
218	Change Of Occupation	This is a provision in a health insurance policy that allows the insurer to adjust policy benefits if the insured has changed to a more hazardous occupation. Change of occupation isÂ also a provision that provides a method for handling disability income claims if the insured has changed occupations since the initial a...	Cambio di Occupazione	Changement de profession	Berufswechsel	职业变更	Cambio de Ocupación	職業変更	Mudança de Ocupação
219	Chapman-Kolmogorov equations	Equations that describe the relationship between transition probabilities in a Markov process across different time steps.	Equazioni di Chapman-Kolmogorov	Équations de Chapman-Kolmogorov	Chapman-Kolmogorov-Gleichungen	Chapman-Kolmogorov方程	ecuaciones de Chapman-Kolmogorov	チャップマン・コルモゴロフ方程式	equações de Chapman-Kolmogorov
220	Chebyshev’s inequality	A probability bound stating that the likelihood of a random variable differing from its mean by more than k standard deviations is at most 1/k².	null	null	null	null	null	null	null
221	Chinese Walls	An ethical barrier within an organization that prevents communication between various teams, as such communication would lead to conflict of interest.	Barriere Informative	Murailles de Chine	Informationsbarrieren	中国墙	Murallas Chinas	チャイニーズウォール	Muralhas Chinesas
222	Chronic Illnesses / Chronic Condition	A Chronic Illness / Chronic Condition is a human health condition or disease that is persistent or otherwise long-lasting in its effects or a disease that comes with time. The term chronic is often applied when the course of the disease lasts for more than three months. Common chronic diseases include arthritis, asthm...	Malattie Croniche / Condizioni Croniche	Maladies chroniques / Affection chronique	Chronische Erkrankungen	慢性疾病	Enfermedades Crónicas / Condición Crónica	慢性疾患	Doenças Crónicas / Condição Crónica
223	Claim	A demand for payment under the coverage provided by a plan or contract.	Sinistro	Sinistre	Schaden	索赔	Siniestro	保険金請求	Sinistro
224	Claim Adjustment Expense	The costs of administering, determining coverage for, settling, or defending claims even if it is ultimately determined that the claim is invalid.	Spese di Liquidazione Sinistri	Frais de règlement de sinistres	Schadenregulierungskosten	理赔费用	Gastos de Ajuste de Siniestros	損害調査費	Despesa de Ajustamento de Sinistro
225	Claim Amount Distribution	A distribution of claim size within a given period of time. Claims are often characterized by amount, severity or unit size and frequency or utilization.	Distribuzione dell'Importo dei Sinistri	Distribution du montant des sinistres	Schadenhöhenverteilung	索赔金额分布	Distribución del Monto de Siniestros	保険金額分布	Distribuição do Montante de Sinistros
226	Claim Cohort	A classification of claimants, based on sharing of a common characteristic. Often times, this is exposure to a certain peril.	Coorte di Sinistri	Cohorte de sinistres	Schadenkohorte	索赔队列	Cohorte de Siniestros	保険金請求コホート	Coorte de Sinistros
227	Claim Cost Inflation	The rate of increase in the cost of claim payments. It is likely to be influenced by many different types of inflationary force, e.g. general or specific earnings inflation, general or specific price inflation, court award inflation.	Inflazione del Costo dei Sinistri	Inflation du coût des sinistres	Schadenkosteninfation	理赔成本通胀	Inflación del Costo de Siniestros	保険金コストインフレ	Inflação do Custo de Sinistros
228	Claim Escalation Rates	This is the rate at which open claims (i.e. claims in payment), increase under Disability (referred to as IP/Disability, for "Income Protection" in the UK) or LTC policies. Unless otherwise stated, they compound annually. The Cost of Living Adjustment (COLA) is a similar concept to the Claim Escalation Rate (which is ...	Tassi di Rivalutazione dei Sinistri	Taux d'indexation des sinistres	Schadenindexierungssätze	理赔递增率	Tasas de Escalamiento de Siniestros	保険金増加率	Taxas de Escalação de Sinistros
229	Claim Estimate	An estimate on an undiscounted basis of the obligation for future loss and loss adjustment expenses resulting from claims due to past events or an estimate of loss and loss adjustment expenses associated with prospective property/casualty risk transfer or risk transfer or risk retention. Claim estimates may include ele...	Stima del Sinistro	Estimation du sinistre	Schadenschätzung	索赔估计	Estimación de Siniestros	保険金見積り	Estimativa de Sinistro
230	Claim Frequency	A rate or distribution of the number of claims within a given period of time. Claims frequency is often thought to be a negative-binonimal or possion distribution, with the result being either claim did not did not occur.	Frequenza dei Sinistri	Fréquence des sinistres	Schadenhäufigkeit	索赔频率	Frecuencia de Siniestros	保険金請求頻度	Frequência de Sinistros
231	Claim Frequency Distribution	Distribution of claim occurrence per unit exposure.	Distribuzione della Frequenza dei Sinistri	Distribution de la fréquence des sinistres	Schadenhäufigkeitsverteilung	索赔频率分布	Distribución de Frecuencia de Siniestros	保険金請求頻度分布	Distribuição de Frequência de Sinistros
232	Claim Notification Period	The amount of time after the incurral of a claim during which an insurance company will accept a notification of a claim. Claims received by an insurer after the end of the claim notification period may not be eligible for payment, or may be paid at a reduced rate.	Periodo di Denuncia del Sinistro	Période de déclaration de sinistre	Schadenmeldungsfrist	索赔通知期	Período de Notificación de Siniestros	保険金請求通知期間	Período de Notificação de Sinistros
233	Claim Ratio	The ratio of claims for a given coverage period to premiums for that same coverage period. The loss ratio measures the proportion of premium used to pay claims, and indirectly informs the user of the proportion of premium left over to cover expenses, profit margin, etc.	Rapporto Sinistri	Ratio de sinistralité	Schadenquote	赔付率	Ratio de Siniestralidad	損害率	Rácio de Sinistralidade
234	Claims - Late Notification	To protect itself from financial disadvantage, an insurer will set up rules for dealing with claims that are notified very late (i.e. notification occurs after the end of the deferred period). Practice on the late notification of a claim varies greatly. A few example options are (may be subject to state regulations): ...	Sinistri - Denuncia Tardiva	Sinistres - Déclaration tardive	Spätschadenmeldung	索赔延迟通知	Siniestros - Notificación Tardía	保険金請求遅延通知	Sinistros - Notificação Tardia
235	Claims Adjudication	The process of examining the facts in a claims disagreement and rendering a decision.	Liquidazione dei Sinistri	Règlement des sinistres	Schadenregulierung	理赔裁决	Adjudicación de Siniestros	保険金査定	Adjudicação de Sinistros
236	Claims Experience	The claims payments for services incurred for a specific block of business over a given time period.	Esperienza Sinistri	Expérience de sinistralité	Schadenerfahrung	理赔经验	Experiencia de Siniestros	保険金支払実績	Experiência de Sinistros
237	Claims Handling Expenses	The cost of adjudicating a claim. Some examples are: salaries of claim adjudicators, fees for medical professionals needed for claim review, and the cost of postage related to a claim.	Spese di Gestione Sinistri	Frais de gestion des sinistres	Schadenbearbeitungskosten	理赔处理费用	Gastos de Tramitación de Siniestros	保険金処理費用	Despesas de Gestão de Sinistros
238	Claims Incurred	An estimate of the amount of outstanding liabilities for a policy over a given valuation period. It includes all paid claims during the period plus a reasonable estimate of unpaid liabilities. It is calculated by adding paid claims and unpaid claims minus the estimate of unpaid claims at the end of the prior valuation ...	Sinistri di Competenza	Sinistres survenus	Eingetretene Schäden	已发生赔款	Siniestros Incurridos	発生保険金	Sinistros Incorridos
239	Claims Made Policy	An insurance policy that provides coverage when a claim is made against the policy, regardless of when the claim event took place. A claims-made policy is most likely to be purchased when there is a delay between when claims are filed and when they occur. Business insurance policies are often offered as either a claim...	Polizza Claims Made	Police sur base réclamations	Claims-Made-Police	索赔发生制保单	Póliza de Reclamación Presentada	クレームメイド保険	Apólice Claims Made
240	Claims Paid	The amount of liabilities paid for a policy over a given valuation period.	Sinistri Pagati	Sinistres payés	Gezahlte Schäden	已支付赔款	Siniestros Pagados	支払保険金	Sinistros Pagos
241	Claims Pre-Authorization	A decision by health insurer or plan that a health care service, treatment plan, prescription drug, or durable medical equipment is medically necessary. The health insurer or plan may require pre-authorization for certain services before you receive them, except in an emergency. Pre-authorization is not a promise that...	Pre-Autorizzazione Sinistri	Préautorisation des sinistres	Vorabgenehmigung von Leistungen	理赔预授权	Preautorización de Siniestros	事前承認	Pré-Autorização de Sinistros
242	Claims Reported	Claims Reported, also known as Reported Claims and Reported Losses, are the sum of cumulative paid claims and case outstanding estimates at a particular point in time (Source: Casualty Actuarial Society) See Page 15 in the Werner Modlin Ratemaking document. See Pages 20 and 21 in the Friedland Estimating document.	Sinistri Denunciati	Sinistres déclarés	Gemeldete Schäden	已报告赔款	Siniestros Reportados	既報告保険金	Sinistros Reportados
243	Claims Run-off Analysis	A table that describes changes in the value of various cohorts over time. The rows show accident years, i.e. the time (years, quarters...) in which claim events occurred, and the columns show the development years, i.e. years elapsed since accident year when the claims are paid out. The development of run-off triangles...	Analisi di Sviluppo dei Sinistri	Analyse de liquidation des sinistres	Schadenabwicklungsanalyse	理赔流出分析	Análisis de Desarrollo de Siniestros	保険金支払推移分析	Análise de Run-off de Sinistros
244	Clash Cover	A casualty excess of loss reinsurance agreement with a retention level equal to or higher than the maximum limits written under any one reinsured policy or contract reinsured under the reinsurance agreement. Usually applicable to casualty lines of business, the clash cover is intended to protect the ceding company agai...	Copertura Clash	Couverture clash	Kumulschadendeckung	冲突保障	Cobertura de Cúmulo	クラッシュカバー	Cobertura de Conflito
245	Clean Price	A clean price is the price of a coupon bond not including any accrued interest.	Prezzo Tel Quel	Prix pied de coupon	Clean Price	净价	Precio Limpio	クリーンプライス	Preço Limpo
246	Climate Change	Climate change refers to any significant change in the measures of climate lasting for an extended period of time. In other words, climate change includes major changes in temperature, precipitation, or wind patterns, among others, that occur over long time horizons.	Cambiamento Climatico	Changement climatique	Klimawandel	气候变化	Cambio Climático	気候変動	Mudanças Climáticas
247	Climate Risk Financial Disclosures	Financial statements of insurers and non-insurers include descriptions of the risks that may impact the particular entity, including risks related to the impacts of climate and climate change on the operations, profitability, and solvency of the entity. Regulators are currently in the process of defining or requiring s...	Informativa Finanziaria sui Rischi Climatici	Divulgations financières sur les risques climatiques	Klimarisikofinanzangaben	气候风险财务披露	Divulgaciones Financieras de Riesgo Climático	気候リスク財務開示	Divulgações Financeiras de Risco Climático
248	Climate-Related Risk	Climate-related risk, also referred to as climate risk, refers to the potential impacts of climate change. It includes the potential for effects on lives; livelihoods; health status; economic, social, and cultural assets; services (including environmental); and infrastructure due to climate change.	Rischio Correlato al Clima	Risque lié au climat	Klimabezogenes Risiko	气候相关风险	Riesgo Relacionado con el Clima	気候関連リスク	Risco Relacionado com o Clima
249	Closed Block	A mechanism to preserve (over time) the reasonable dividend expectations of policyholders with individual life, health, or annuity policies. A closed block comprises a defined, limited group of policies and a defined set of assets, and is governed by a set of operating rules. All cash flows arising from the closed bloc...	Blocco Chiuso	Bloc fermé	Geschlossener Bestand	封闭块	Bloque Cerrado	クローズドブロック	Bloco Fechado
250	Closed Scheme	A benefits scheme which does not admit new members. (Contributions may or may not continue and benefits may or may not be provided for future service.) Similarly, insurers can be closed to new business, or have closed funds. (Source: Pensions Management Institute (PMI) / Pensions Research Accountants Group (PRAG))	Schema Chiuso	Régime fermé	Geschlossenes System	封闭方案	Esquema Cerrado	閉鎖型制度	Esquema Fechado
251	Co-reinsurance	A reinsurance company that is participating in a reinsurance contract along with other reinsurers. Co-reinsurance may be done to ensure that the amount of risk that is being taken over from the insurer can be covered. Co-reinsurance may exist in both facultative reinsurance and treaty reinsurance. Co-reinsurers are o...	Co-riassicurazione	Coréassurance	Mit-Rückversicherung	共同再保险	Coaseguro	共同再保険	Co-resseguro
252	Code of Professional Conduct	A code of professional conduct is a necessary component to any profession to maintain standards for the individuals within that profession to adhere. It brings about accountability, responsibility and trust to the individuals that the profession serves. The Code of Professional Conduct sets forth what it means for an ...	Codice di Condotta Professionale	Code de déontologie professionnelle	Berufsverhaltenskodex	职业行为准则	Código de Conducta Profesional	職業行動規範	Código de Conduta Profissional
253	Coding	The process of recording and submitting information (for example, diagnoses or services provided) on claims forms.	Codifica	Codage	Kodierung	编码	Codificación	コーディング	Codificação
254	Cohort	A grouping of insurance contracts or policies for the purpose of measuring the liability for future policy benefits, DPAC, and any other related balances.	Coorte	Cohorte	Kohorte	队列	Cohorte	コホート	Coorte
255	Cohort of New Contractual Residents or New Members	A hypothetical group of new contractual residents or members assumed to enter a CCRC or At Home Program over a specified period of time and assumed to have certain demographic characteristics.	Coorte di Nuovi Residenti Contrattuali o Nuovi Membri	Cohorte de nouveaux résidents contractuels ou nouveaux membres	Kohorte neuer Vertragsbewohner oder neuer Mitglieder	新合约居民或新成员队列	Cohorte de Nuevos Residentes Contractuales o Nuevos Miembros	新規契約居住者または新規会員のコホート	Coorte de Novos Residentes Contratuais ou Novos Membros
256	Coinsurance	In health insurance, this is a type of insurance where the cost of care is split between the insurance and the insured, usually ranging from 80/20 to 50/50. This is also a type of proportional reinsurance where premium, claims, benefits and other cash flows are shared with the reinsurance; it usually also has an expen...	Coassicurazione	Coassurance	Mitversicherung	共同保险	Coaseguro	共同保険	Cosseguro
257	Collectability	[1] The likelihood of receiving the amount of money owed. [2] The likelihood of receiving the amount of money owed or the asset accrued.	Esigibilità	Recouvrabilité	Einbringlichkeit	可收回性	Cobrabilidad	回収可能性	Cobrabilidade
258	Collectability of Reinsurance Proceeds	The ability of the counterparty to obtain funds owed to it according to the terms of the reinsurance program.	Esigibilità dei Recuperi di Riassicurazione	Recouvrabilité des prestations de réassurance	Einbringlichkeit von Rückversicherungserlösen	再保险收益可收回性	Cobrabilidad de Recuperaciones de Reaseguro	再保険金の回収可能性	Cobrabilidade de Receitas de Resseguro
259	collective risk model	An insurance risk model where aggregate claims are represented as the sum of a random number of individual claims.	Modello di Rischio Collettivo	Modèle de risque collectif	Kollektivrisikomodell	集体风险模型	modelo de riesgo colectivo	集団リスクモデル	modelo de risco coletivo
260	Combined Ratio	The combined ratio is a primary measure of the profitability of the book of business. The combined ratio is the sum of the incurred claims and expenses divided by total premiums collected.	Combined Ratio	Ratio combiné	Combined Ratio	综合成本率	Ratio Combinado	コンバインドレシオ	Rácio Combinado
261	Commercial Lines	Classes or types of insurance for businesses. Those for individuals or people are usually referred to as Personal Lines.	Rami Commerciali	Lignes commerciales	Gewerbeversicherung	商业险种	Líneas Comerciales	企業向け保険種目	Ramos Comerciais
262	Commission	Commission refers to the payments made by an insurance company to reward those who sell and subsequently service the insurance company's products, whether the seller be an independent financial intermediary, tied (captive) agent or a direct salesforce. Typically, the amount of the commission depends on the type and si...	Commissione	Commission	Provision	佣金	Comisión	手数料	Comissão
263	Commission and Brokerage Fees	Compensation associated with the acquisition and service of business. These fees are paid to agents, brokers, or other parties, including ceding insurance companies.	Commissioni e Provvigioni di Intermediazione	Commissions et frais de courtage	Provisions- und Maklergebühren	佣金和经纪费	Comisiones y Honorarios de Corretaje	手数料およびブローカレッジフィー	Comissões e Taxas de Corretagem
264	common shock model	A multiple life model where simultaneous decrements occur due to shared external events or shocks affecting more than one life.	Modello a Shock Comune	Modèle de choc commun	Gemeinsames Schockmodell	共同冲击模型	modelo de shock común	共通ショックモデル	modelo de choque comum
265	Communication	Communication skills include both verbal and written communication. Verbal communication refers to both oral and listening skills. The successful actuary communicates complex issues clearly, accurately, confidently and persuasively in an individual setting or in a group discussion or presentation and uses language th...	Comunicazione	Communication	Kommunikation	沟通	Comunicación	コミュニケーション	Comunicação
266	Community Rating	A rule that prevents health insurers from varying premiums within a geographic area based on age, gender, health status or other factors.	Tariffazione Comunitaria	Tarification communautaire	Einheitstarifierung	社区费率	Tarificación Comunitaria	地域一律料率	Classificação Comunitária
267	Commutation	The giving up of a part or all of the pension payable from retirement for an immediate lump sum.	Commutazione	Commutation	Kapitalabfindung	折现	Conmutación	年金一時金選択	Comutação
268	comonotonic	A dependence structure in which random variables are perfectly positively dependent, meaning they move together in the same order.	Comotonico	Comonotone	Komonoton	同单调	comonotónico	共単調	comonótono
269	complete market	A market in which every contingent claim can be replicated and priced by trading available securities.	Mercato Completo	Marché complet	Vollständiger Markt	完全市场	mercado completo	完備市場	mercado completo
270	compound distribution	A probability distribution formed by compounding one distribution with another, often used to model aggregate claims where claim count and size are random.	Distribuzione Composta	Distribution composée	Zusammengesetzte Verteilung	复合分布	distribución compuesta	複合分布	distribuição composta
271	compound Poisson distribution	A distribution for aggregate claims where the number of claims follows a Poisson distribution and claim sizes follow an independent severity distribution.	Distribuzione di Poisson Composta	Distribution de Poisson composée	Zusammengesetzte Poisson-Verteilung	复合泊松分布	distribución Poisson compuesta	複合ポアソン分布	distribuição de Poisson composta
272	compound Poisson process	A stochastic process representing the cumulative value of claims over time, with the number of claims governed by a Poisson process and each claim amount random.	Processo di Poisson Composto	Processus de Poisson composé	Zusammengesetzter Poisson-Prozess	复合泊松过程	proceso Poisson compuesto	複合ポアソン過程	processo de Poisson composto
273	Comprehensive Cover	The highest level ofÂ coverage a person can have if they take outÂ motor insuranceÂ in theÂ United Kingdom. By taking out Comprehensive Cover, people in the United Kingdom are not only covered forÂ third party claimsÂ after an incident, they are also covered for damage caused to their own vehicle.	Copertura Completa	Couverture tous risques	Vollkaskoversicherung	综合保险	Cobertura Integral	総合補償	Cobertura Abrangente
274	concave function	A function where the line segment between any two points on its graph lies below or on the graph, often used to model risk-averse utility functions.	Funzione Concava	Fonction concave	Konkave Funktion	凹函数	función cóncava	凹関数	função côncava
275	Condition Category	A grouping of medical conditions that have similar expected healthcare resource use or clinical characteristics.	Categoria di Condizione	Catégorie de condition	Zustandskategorie	条件类别	Categoría de Condición	状態カテゴリー	Categoria de Condição
276	conditional expectation	The expected value of a random variable given the occurrence of another event or the value of another variable.	Valore Atteso Condizionato	Espérance conditionnelle	Bedingter Erwartungswert	条件期望	esperanza condicional	条件付期待値	esperança condicional
277	conditional probability	The probability of an event occurring given that another event has occurred.	Probabilità Condizionata	Probabilité conditionnelle	Bedingte Wahrscheinlichkeit	条件概率	probabilidad condicional	条件付確率	probabilidade condicional
278	conditional tail expectation (CTE)	A risk measure equal to the expected loss given that the loss exceeds a specified quantile, also known as tail value at risk.	Valore Atteso Condizionato della Coda (CTE)	Espérance conditionnelle de queue	Bedingter Tail-Erwartungswert (CTE)	条件尾部期望	esperanza condicional de la cola (CTE)	条件付テールエクスペクテーション	esperança condicional da cauda (CTE)
279	conditional variance	The variance of a random variable conditional on another event or variable, measuring uncertainty after incorporating new information.	Varianza Condizionata	Variance conditionnelle	Bedingte Varianz	条件方差	varianza condicional	条件付分散	variância condicional
280	conjugate prior	In Bayesian statistics, a prior distribution that results in a posterior distribution of the same family when combined with the likelihood function.	Priori Coniugata	Loi a priori conjuguée	Konjugierte Priori-Verteilung	共轭先验	prior conjugado	共役事前分布	priori conjugada
281	Consequential Loss Insurance	Insurance coverage for financial losses arising following damage (e.g. a fire) to business premises. Also known as: Loss of Profits Consequential Loss Insurance	Assicurazione Perdite Consequenziali	Assurance pertes indirectes	Betriebsausfallversicherung	间接损失保险	Seguro de Pérdidas Consecuenciales	間接損害保険	Seguro de Perdas Consequenciais
282	Consideration	The consideration a policyholder receives in a demutualization in exchange for relinquishing membership rights (sometimes referred to as policyholder consideration).	Corrispettivo	Contrepartie	Gegenleistung	对价	Contraprestación	対価	Contraprestação
283	Consolidated Omnibus Budget Reconciliation Act (COBRA)	A US federal law that may allow you to temporarily keep health coverage after your employment ends, you lose coverage as a dependent of the covered employee, or another qualifying event. If you elect COBRA (Consolidated Omnibus Budget Reconciliation Act) coverage, you pay 100% of the premiums, including the share the ...	Consolidated Omnibus Budget Reconciliation Act (COBRA)	COBRA	Consolidated Omnibus Budget Reconciliation Act (COBRA)	综合预算调节法案	Ley de Reconciliación del Presupuesto Consolidado Ómnibus (COBRA)	包括予算調整法（COBRA）	Lei de Reconciliação do Orçamento Omnibus Consolidado (COBRA)
284	constant force assumption	An actuarial assumption that the force of mortality or interest is constant within an interval, simplifying calculations.	Ipotesi di Forza Costante	Hypothèse de force constante	Konstante-Kraft-Annahme	恒定力假设	hipótesis de fuerza constante	一定力仮定	pressuposto de força constante
285	constant force of mortality	An assumption that mortality intensity remains constant over a given age interval.	Forza di Mortalità Costante	Force de mortalité constante	Konstante Sterblichkeitskraft	恒定死亡力	fuerza de mortalidad constante	一定死力	força de mortalidade constante
286	Constructive Total Loss	A constructive total loss is when the cost for repair of an item (e.g., house, boat or car) is more than the current value of that item.	Perdita Totale Presunta	Perte totale présumée	Wirtschaftlicher Totalschaden	推定全损	Pérdida Total Constructiva	推定全損	Perda Total Construtiva
287	Contagion	A lack of independence between the occurrence of losses among different entities.	Contagio	Contagion	Ansteckung	传染	Contagio	伝染	Contágio
288	Contingency	Cash held for emergencies or unexpected outflows of funds. An event that may or may not occur. A condition that must be met in order for a contract to be legally binding.	Contingenza	Contingence	Eventualfall	或有事项	Contingencia	偶発事象	Contingência
289	contingency loading	An addition to premiums or reserves to account for uncertainty, adverse deviation, or unanticipated risks.	Caricamento per Contingenze	Chargement de contingence	Sicherheitszuschlag	或有负荷	recargo por contingencia	安全割増	carregamento de contingência
290	Contingency Provision	A provision for the expected differences, if any, between the estimated costs and the average actual costs, that cannot be eliminated by changes in other components of the ratemaking process.	Accantonamento per Contingenze	Provision pour contingence	Eventualrückstellung	或有准备	Provisión por Contingencia	偶発事象引当金	Provisão de Contingência
291	Contingent	An economic benefit that depends on an event whose occurrence or timing is not certain is said to be contingent.	Contingente	Contingent	Bedingt	或有的	Contingente	条件付き	Contingente
292	Contingent Cash Flow Model	A contingent cash flow model is a stochastic model that represents future cash flows as random variables. (Source: Principles Underlying Actuarial Science) A contingent event may or may not occur, and depends upon the probability of the event occurring, and the accuracy with which the amount associated with the event...	Modello di Cash Flow Contingenti	Modèle de cash flows contingents	Bedingtes Cash-Flow-Modell	或有cash flow模型	Modelo de Cash Flow Contingente	条件付cash flowモデル	Modelo de Cash Flow Contingente
293	contingent insurances	Insurance contracts where benefits depend on the occurrence of more than one event, such as survival of one life and death of another.	Assicurazioni Contingenti	Assurances contingentes	Verbundene Versicherungen	或有保险	seguros contingentes	条件付保険	seguros contingentes
294	Continuation Option	This is the right for a group participant to continue coverage after leaving a group. Â This is usually used by former employees to continue their health coverage under their former employer group plan, while paying the full premium without former employer's participation. Â In the USA, this is organized under a federa...	Opzione di Continuazione	Option de continuation	Fortsetzungsoption	续保选择权	Opción de Continuación	継続オプション	Opção de Continuação
295	Continuing Care	The level of care in the health care system that consists of ongoing care of people with physical disability, mental disability, and those suffering from chronic incapacitating illness.	Assistenza Continuativa	Soins continus	Dauerhafte Pflege	持续护理	Cuidado Continuo	継続ケア	Cuidados Continuados
296	Continuing Care Retirement Community (CCRC)	A continuing care retirement community (CCRC)Â is a residential facility or property that provides housing, meals, health care and social activities for seniors throughout the rest of their lives that are tailored to their changing needs. CCRCs allow residents to transition from independent living to assisted living a...	Comunità di Pensionamento con Assistenza Continuativa (CCRC)	Communauté de retraite avec soins continus	Seniorenwohngemeinschaft mit Pflegeleistungen (CCRC)	持续照护退休社区	Comunidad de Retiro con Cuidado Continuo (CCRC)	継続ケア型高齢者住宅	Comunidade de Aposentadoria de Cuidados Continuados (CCRC)
297	Contract	A contract is a voluntary arrangement between two or more parties that is enforceable by law as a binding legal agreement.	Contratto	Contrat	Vertrag	合同	Contrato	契約	Contrato
298	Contract Law	Contract law governs how promises between two individuals are enforced.	Diritto Contrattuale	Droit des contrats	Vertragsrecht	合同法	Derecho Contractual	契約法	Direito Contratual
299	Contract Performance	The fulfillment of an entity's obligations required by a contract, for example, compliance under the provisions of a reinsurance contract or under a contract that includes a retrospective rate adjustment.	Esecuzione del Contratto	Exécution du contrat	Vertragserfüllung	合同履行	Cumplimiento del Contrato	契約履行	Desempenho Contratual
300	Contract Period	The time period for which a contract is effective.	Periodo Contrattuale	Période contractuelle	Vertragslaufzeit	合同期间	Período del Contrato	契約期間	Período Contratual

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