Glossary entry

English term or phrase:

non-true captive

Portuguese translation:

seguradora cativa não verdadeira (ilegítima)

Added to glossary by Luana Fernandes
Oct 6, 2010 20:51
13 yrs ago
English term

non-true captive

English to Portuguese Bus/Financial Insurance
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

Proposed translations

+1
1 hr
Selected

seguradora cativa não verdadeira (ilegítima)

captive: seguradora cativa
Peer comment(s):

agree cristinamarinho
6 days
Obrigado!
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4 KudoZ points awarded for this answer. Comment: "That's it! Tks"
4 mins

Não verdadeiramente cativas / privativas

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