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English translation: Reinsured party's fortune

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:Sorte do Ressegurado
English translation:Reinsured party's fortune
Entered by: Teresa Freixinho

22:02 Jul 4, 2022
Portuguese to English translations [PRO]
Law/Patents - Insurance
Portuguese term or phrase: Sorte do Ressegurado
Dever dos Resseguradores de Acompanhar a Sorte do Ressegurado:
Os Resseguradores seguirão a sorte técnica de subscrição do Ressegurado com relação às perdas suportadas por este último em decorrência de emissão de apólices, respeitados os Termos e Condições estabelecidos neste Contrato.
deakins
Brazil
Local time: 07:53
(Reinsurers will follow the) Reinsured party's fortune
Explanation:


State Auto argued that its reinsurer was required to follow the reinsured's fortune in being bound by the action of the agent.

São os princípios de mercado chamados follow the fortune (seguindo a sorte) ...

https://www.anspnet.org.br/opiniao-academica/clausulas-funda...
Selected response from:

Teresa Freixinho
Brazil
Local time: 07:53
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2(Reinsurers will follow the) Reinsured party's fortune
Teresa Freixinho
4 +1follow-up/monitor the progress of the reinsured party
Mario Freitas


Discussion entries: 1





  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
(Reinsurers will follow the) Reinsured party's fortune


Explanation:


State Auto argued that its reinsurer was required to follow the reinsured's fortune in being bound by the action of the agent.

São os princípios de mercado chamados follow the fortune (seguindo a sorte) ...

https://www.anspnet.org.br/opiniao-academica/clausulas-funda...

Teresa Freixinho
Brazil
Local time: 07:53
Works in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 12
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Adrian MM.: with reinsured's (marine: re-assured's) fortune*s* https://www.proz.com/kudoz/portuguese-to-english/insurance/1... + https://www.irmi.com/articles/expert-commentary/follow-the-f...
10 hrs
  -> Obrigada, Adrian!

agree  Ana Flávia Ribeiro
1 day 2 hrs
  -> Obrigada, Ana!
Login to enter a peer comment (or grade)

36 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
follow-up/monitor the progress of the reinsured party


Explanation:
Sugestão

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Note added at 1 hr (2022-07-04 23:49:27 GMT)
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Deakins: have you noticed the document is full of English terms in parentheses? I did not mention this because of a single term. This document is based on an original in English.

Mario Freitas
Brazil
Local time: 07:53
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 93
Notes to answerer
Asker: Mario, the original contract was prepared in Portuguese by specialists in the area, and this is a common term is reinsurance. A prescrição no contrato de resseguro. Sua natureza jurídicahttps://sindicatodasseguradorasrj.org.br › artigo › a-pres... a responsabilidade do ressegurador se limita estritamente ao sinistro real que a companhia ... que obriga o ressegurador a seguir a sorte do ressegurado, ...


Peer comments on this answer (and responses from the answerer)
agree  Ana Flávia Ribeiro
1 day 3 hrs
  -> Obrigado, Ana Flávia!
Login to enter a peer comment (or grade)



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