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Portuguese translation: representar


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:front
Portuguese translation:representar
Entered by: Adriana Maciel
Options:
- Contribute to this entry
- Include in personal glossary

12:24 Aug 4, 2009
English to Portuguese translations [PRO]
Bus/Financial - Insurance
English term or phrase: front
"C" will offer the option to share 30% of the Claims Allowance. "C" also offers an option for a Profit Share arrangement. "C" will coordinate and drive implementation by the General Insurers of the General Insurance campaigns. "A" would agree to co-insure/reinsure/front the general insurance products with the partnering General Insurers in separately negotiated arrangements
CicaBarth
Local time: 12:20
representar
Explanation:
sugestão

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Note added at 6 mins (2009-08-04 12:30:57 GMT)
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OED thesaurus: act for, represent; cover for, replace
Selected response from:

Adriana Maciel
Brazil
Local time: 12:20
Grading comment
Obrigada, Adriana! :-D
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +6representar
Adriana Maciel
Summary of reference entries provided
Fronting
Teresa Borges

  

Answers


5 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +6
representar


Explanation:
sugestão

--------------------------------------------------
Note added at 6 mins (2009-08-04 12:30:57 GMT)
--------------------------------------------------

OED thesaurus: act for, represent; cover for, replace

Adriana Maciel
Brazil
Local time: 12:20
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 20
Grading comment
Obrigada, Adriana! :-D

Peer comments on this answer (and responses from the answerer)
agree  AlexMiranda
14 mins
  -> Obrigada

agree  Marlene Curtis
1 hr
  -> Obrigada

agree  silvia367325
1 hr
  -> Obrigada

agree  rhandler
1 hr
  -> Obrigada

agree  Arthur Godinho
1 hr
  -> Obrigada

agree  Isabel Maria Almeida
4 hrs
  -> Obrigada
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Reference comments


10 mins
Reference: Fronting

Reference information:
fronting
The use of an insurer to issue paper, i.e., an insurance policy, on behalf of a self-insured organization or captive insurer without the intention of bearing any of the risk. The risk of loss is transferred back to the self-insured or captive insurer with an indemnity or reinsurance agreement. However, the fronting company (insurer) assumes a credit risk since it would be required to honor the obligations imposed by the policy if the self-insurer or captive failed to indemnify it. Fronting companies charge a fee for this service, generally between 5 and 10 percent of the premium being written. Fronting arrangements allow captives and self-insurers to comply with financial responsibility laws imposed by many states that require evidence of coverage written by an admitted insurer, such as for auto and workers compensation insurance. Fronting arrangements must also be used in business contracts with other organizations, such as leases and construction contracts, where evidence of coverage through an admitted insurer is also required.


    Reference: http://www.irmi.com/online/insurance-glossary/terms/f/fronti...
Teresa Borges
Belgium
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 48
Note to reference poster
Asker: Muito obrigada, Teresa! :-D

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Changes made by editors
Aug 21, 2009 - Changes made by Adriana Maciel:
Created KOG entryKudoZ term => KOG term


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