To self-insure
Definition
To independently secure financial protection against potential risks, losses, or damages by creating and accumulating an internal reserve fund within the company or household, instead of purchasing an insurance policy from an external commercial company.
Bilingual Equivalents
- To self-insure
- To retain risk
Grammatical & Source Details
| Inflection Type | First conjugation regular reflexive verb, inflecting with standard Romanian personal pronouns. |
| Formation | Compound verb linking the reflexive prefix 'auto-' with the standard root for insure. |
| Spelling / Pronunciation | [a.u.to.a.si.ɡu.ˈra] |
| Source | The Compendium of Risk Theories and Actuarial Science Terminology |
Contextual Usage Examples
RO: Marea corporație a decis să se autoasigure pentru daunele minore ale flotei de mașini, constituind un cont special.
EN: The large corporation decided to self-insure for minor damages to its car fleet, setting up a special account.
RO: În loc să plătească prime mari, unele companii preferă să se autoasigure pentru riscurile previzibile.
EN: Instead of paying high premiums, some companies prefer to self-insure for predictable risks.
RO: Este dificil pentru o firmă mică să se autoasigure fără a-și pune în pericol stabilitatea fluxului de numerar.
EN: It is difficult for a small firm to self-insure without endangering its cash flow stability.
Idioms & Phrases
Decizia de a se autoasigura / Decision to self-insure
RO: Hotărâre strategică adoptată de management după analizarea costurilor polițelor externe raportate la daunele istorice.
EN: A strategic decision adopted by management after analyzing external policy costs relative to historical losses.
A se autoasigura parțial / To partially self-insure
RO: Strategie mixtă în care riscurile mici sunt acoperite intern, iar cele catastrofale sunt transferate unui reasigurător.
EN: A mixed strategy where small risks are covered internally, and catastrophic ones are transferred to a reinsurer.
Capacitatea de a se autoasigura / Capacity to self-insure
RO: Indicator de soliditate financiară care arată dacă o entitate deține active lichide suficiente pentru a absorbi șocuri neprevăzute.
EN: An indicator of financial strength showing whether an entity holds sufficient liquid assets to absorb unforeseen shocks.
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