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English to German translations [PRO]
Bus/Financial - Insurance | | English term or phrase: fronting companies | captive insurance activities have largely been conducted
through fronting companies |
| | | Fronting-Gesellschaften | Explanation:
Darf ein Erst- / Rückversicherer aus rechtlichen oder sonstigen Gründen ein Risiko nicht direkt zeichnen, so wird das Risiko vorgezeichnet. Die Fronting-Gesellschaft zeichnet das Risiko und gibt es zu 100 % an (Rück-)versicherer weiter. Die Fronting-Gesellschaft erhält eine Provision. |
| Selected response from:
Roland Grefer
Local time: 01:56
| Grading comment | 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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46 mins Fronting-Gesellschaften
Explanation:
Darf ein Erst- / Rückversicherer aus rechtlichen oder sonstigen Gründen ein Risiko nicht direkt zeichnen, so wird das Risiko vorgezeichnet. Die Fronting-Gesellschaft zeichnet das Risiko und gibt es zu 100 % an (Rück-)versicherer weiter. Die Fronting-Gesellschaft erhält eine Provision.
Reference: http://www.risknet.de/Risk_Lexikon/L-f/l-f.html
| Roland Grefer
Local time: 01:56
Native speaker of:  German, English
PRO pts in category: 4
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| Changes made by editors |
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| Apr 2, 2007 - Changes made by Steffen Walter: | | Field (specific) | (none) => Insurance | | Apr 2, 2007 - Changes made by Steffen Walter: | | Level | Non-PRO => PRO |
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