Risk Management Flashcards

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1
Q

def term: adverse effect

A

damage

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2
Q

def and translate: insurer

A

provides insurance against loss or damage

zavarovalnica

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3
Q

def and translate: insurance underwriter

A

accepts liability up to a specified amount in an insurance policy
prevzemnik tveganja

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4
Q

def and translate: insurance agent

A

provides insurance on behalf of an insurance company

zavarovalniški zastopnik

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5
Q

def and translate: loss adjuster

A

assesses the validity of an insurance claim of behalf on an insurance company and authorises an appropriate payment or repairs
škodni cenilec

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6
Q

def and translate: actuary

A

calculates insurance premiums, risks, dividends, and annuity rates
aktuar

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7
Q

def and translate: insurance broker

A

arranges the best insurance coverage for the lowest premium on behalf of the insured
zavarovalni posrednik

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8
Q

def and translate: reinsurer

A

obtains additional coverage for a risk that a company has been insured against
pozavarovalnica

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9
Q

def operational risk

A

arises from company’s operations (e.g. supply chain failure)

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10
Q

def financial risk

A

arises from finance (liquidity problems, tax changes)

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11
Q

def strategic risk

A

arises from risks in a particulate industry (e.g. product dev, increased competition)

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12
Q

def hazard risk

A

risk with a built-in ability to cause an adverse effect (e.g. natural disaster, business interuption)

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13
Q

def liability

A

legal responsibility

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14
Q

translate business continuity

A

neprekinjeno delovanje

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15
Q

def calling tree (or call tree)

A

a list of numbers to call in case of an emergency

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16
Q

translate ‘to take out insurance’

A

zavarovati se

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17
Q

def transient customers

A

customers that switch to competitors’ products

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18
Q

mitigation synonym

A

minimisation

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19
Q

compensated synonym

A

indemnified

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20
Q

indemnified noun

A

indemnification

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21
Q

translate insurance policy

A

zavarovalna polica

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22
Q

def belligirent

A

hostile, aggressive

23
Q

translate premium (+ how often is it paid?)

A

premija. paid once or twice a year

24
Q

what does coverage reduce?

A

exposure to insurable risks, but not to uninsurable risks

25
Q

tr miniscule

A

majhno

26
Q

tr remote

A

zelo malo verjeten

27
Q

tr insignificant

A

nepomembno

28
Q

to admit synonym

A

to concede

29
Q

to recompense noun + its synonym

A

indemnity, compensation

30
Q

tr negligible

A

zanmarljiv

31
Q

concession synonym

A

admission

32
Q

to comply with synonym

A

to conform to

33
Q

tr secure the site

A

zavarovati območje

34
Q

tr clerical error

A

administrativna napaka

35
Q

tr inadequate supervision

A

nezadostna supervizija

36
Q

tr misuse of confidental information

A

zloraba zasebnih informacij

37
Q

tr act of god

A

višja sila

38
Q

Millions of people in Africa are _______ starvation.

at risk of / at risk from ?

A

at risk from

39
Q

tr škodni dogodek

A

loss event / damage

40
Q

victims snynoym

A

casualties

41
Q

tr pripravljalni ukrepi

A

preliminary measures

42
Q

tr načrt za obvladovanje krize

A

contingency plan

43
Q

tr seznam nujnih telefonskih številk

A

calling tree

44
Q

tr izplačati odškodnino

A

to compensate, to indemnify

45
Q

tr pravni postopki

A

legal actions

46
Q

tr krizno komuniciranje

A

crisis communication

47
Q

tr priznanje odgovornosti

A

admission of liability, concession of liability

48
Q

tr odzivna hitrost

A

speed of response

49
Q

tr ‘the insured’

A

zavarovanec

50
Q

tr insurance underwriter

A

prevzemnik tveganja

51
Q

tr insurance broker

A

zavarovalniški posrednik

52
Q

tr indemnity

A

odškodnina

53
Q

tr insurance claim

A

škodni zahtevek