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English to Swedish translations [PRO]
Bus/Financial - Insurance | | English term or phrase: fronting policy | | "Business Units insured under a fronting policy issued by the XXX network..." |
| | | återförsäkring(spolicy)/återförsäkrade via frontande bolag | Explanation:
Man talar om frontande bolag på svenska men har inte hittat ngn träff på frontande försäkring, så jag vet inte om man kan säga så.. Återförsäkrade via frontande bolag hade jag valt.
Fronting is a term that describes a specialized form of reinsurance frequently employed in the captive insurance marketplace.
In its most common form, a commercial insurance company ("fronting company"), licensed in the state where a risk to be
insured is located, issues its policy to the insured. That risk is then fully transferred from the fronting company to a captive insurance company through a reinsurance agreement, known as a fronting agreement. Thus, the insured obtains a policy issued on the paper of the commercial insurance company. However, economically, the risk of that coverage resides with the captive insurance company.
http://www.captive.com/newsstand/jlcovt/Fronting.html
Fronting company-
Definition a company whose services a reinsurer uses; the company accepts direct insurance in its own name, immediately reinsuring it with the reinsurer
Reference Gerling Konzern
(1)
TERM fronting company
Reference Gerling Konzern
Note {DOM} reinsurance
(1)
TERM frontande bolag
Reference Anders Kleverman,TNC
Note {DOM} återförsäkring
http://www.proz.com/?sp=asearch&term=fronting&from=eng&to=sv...|Ectaco|Eurodicautom&MTengines=Intertran&SEARCHengines=Google|Vivisimo|MSN&bidir=0&SE_lang=0&entity_id=124087&UsingIE=1
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| Selected response from:
Monika Lebenbaum
Local time: 12:45
| Grading comment Thanks!
4 KudoZ points were awarded for this answer |
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Automatic update in 00:
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3 hrs confidence:   återförsäkring(spolicy)/återförsäkrade via frontande bolag
Explanation:
Man talar om frontande bolag på svenska men har inte hittat ngn träff på frontande försäkring, så jag vet inte om man kan säga så.. Återförsäkrade via frontande bolag hade jag valt.
Fronting is a term that describes a specialized form of reinsurance frequently employed in the captive insurance marketplace.
In its most common form, a commercial insurance company ("fronting company"), licensed in the state where a risk to be
insured is located, issues its policy to the insured. That risk is then fully transferred from the fronting company to a captive insurance company through a reinsurance agreement, known as a fronting agreement. Thus, the insured obtains a policy issued on the paper of the commercial insurance company. However, economically, the risk of that coverage resides with the captive insurance company.
http://www.captive.com/newsstand/jlcovt/Fronting.html
Fronting company-
Definition a company whose services a reinsurer uses; the company accepts direct insurance in its own name, immediately reinsuring it with the reinsurer
Reference Gerling Konzern
(1)
TERM fronting company
Reference Gerling Konzern
Note {DOM} reinsurance
(1)
TERM frontande bolag
Reference Anders Kleverman,TNC
Note {DOM} återförsäkring
http://www.proz.com/?sp=asearch&term=fronting&from=eng&to=sv...|Ectaco|Eurodicautom&MTengines=Intertran&SEARCHengines=Google|Vivisimo|MSN&bidir=0&SE_lang=0&entity_id=124087&UsingIE=1
| Monika Lebenbaum
Local time: 12:45
Works in field
Native speaker of:  Swedish
PRO pts in category: 34
|
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