Drittland-Versicherungseinrichtung

English translation: foreign insurance companies/institutions

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Drittland-Versicherungseinrichtung
English translation:foreign insurance companies/institutions
Entered by: Elizabeth Duke

00:35 Aug 17, 2001
German to English translations [PRO]
Bus/Financial
German term or phrase: Drittland-Versicherungseinrichtung
to do with Swiss insurance:
Drittland-Versicherungsunrichtungen müssen in der Schweiz über Vermögenswerte in der Höhe der Solvabilitätsspanne, berechnet auf das Schweizer Geschäft, verfügen.
Elizabeth Duke
United Kingdom
Local time: 18:02
foreign insurance companies/institutions
Explanation:
At first I thought of third word insurance institutions but after searching in Google discovered that foreign insurance companies or institutions is the more acceptable term.
Selected response from:

Bernard Adelt
Grading comment
yes, I think foreign fits best. Thanks.
3 KudoZ points were awarded for this answer



Summary of answers provided
na +1third-country insurance undertaking
boian
nathird-country explanation
boian
nathird-country insurance institutions
Klaus Dorn (X)
naforeign insurance companies/institutions
Bernard Adelt


  

Answers


42 mins peer agreement (net): +1
third-country insurance undertaking


Explanation:
The more proper translatoin of Einrichtung should be establishment, but undertaking is more often used in English

boian
Local time: 19:02
Native speaker of: Native in BulgarianBulgarian
PRO pts in pair: 4

Peer comments on this answer (and responses from the answerer)
agree  Martina Ley
10 mins
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55 mins
third-country insurance institutions


Explanation:
I am not sure whether we shouldn't translate Drittland simply as "foreign". If it is Drittland, and one country is Switzerland, what's the other?

Klaus Dorn (X)
Local time: 21:02
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in pair: 1514
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1 hr
foreign insurance companies/institutions


Explanation:
At first I thought of third word insurance institutions but after searching in Google discovered that foreign insurance companies or institutions is the more acceptable term.


    laws.justice.gc.ca/en/I-11.8/SOR-92-360/
    Reference: http://www.law.uc.edu/CCL/InvCoRls/rule3a-6.html
Bernard Adelt
PRO pts in pair: 5
Grading comment
yes, I think foreign fits best. Thanks.
Login to enter a peer comment (or grade)

2 hrs
third-country explanation


Explanation:
I think that I should give some more details about the term "third country".
It is a term used in the EU law, denominating countries, which are not Members of the European Union,or in the case of Switzerlnad - countries with with which the European Union has not entered bilateral agreements in some field.
So in this case the one countrz is Switzerland, the second countries are the memebr states of the EU, and the third-country is any foreign country, different from the above.



    Reference: http://lex.eu.int
boian
Local time: 19:02
Native speaker of: Native in BulgarianBulgarian
PRO pts in pair: 4
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