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English to Portuguese translations [PRO]
Bus/Financial - Insurance | | English term or phrase: non-true captive | Captive - Captive Insurance companies are created to insure and re-insure the risks of their owners, subsidiaries and affiliates.
In its purest applications, captive insurance is a means of self insurance but many captives in Barbados ("non-true captive" or "captive plus" companies) carry out a proportion of their business with third parties |
| | | Selected response from:
  Salvador Scofano and Gry Midttun
Norway
Local time: 17:21
| Grading comment That's it!
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