Glossary entry (derived from question below)
May 28, 2020 15:55
3 yrs ago
31 viewers *
French term
génération
French to English
Law/Patents
Insurance
This word comes up several times in a retrocession treaty with a reinsurer of life insurance. Specifically, in the dividend (profit sharing clause):
La clause de participation aux bénéfices prévue à l’article xx du Traité est supprimée pour la génération 2001.
And again:
x et y acceptent de négocier de bonne foi une clause de participation bénéficiaire pour les générations 2002 et suivantes.
And Pour les années de génération 1996 à 1998 inclusivement, xx agira comme apériteur.
I think it might be referring to the profit generated but I'm not sure.
Thanks!
La clause de participation aux bénéfices prévue à l’article xx du Traité est supprimée pour la génération 2001.
And again:
x et y acceptent de négocier de bonne foi une clause de participation bénéficiaire pour les générations 2002 et suivantes.
And Pour les années de génération 1996 à 1998 inclusivement, xx agira comme apériteur.
I think it might be referring to the profit generated but I'm not sure.
Thanks!
Proposed translations
(English)
3 | vintage | Peter Field |
4 +1 | Generation | ABDESSAMAD BINAOUI |
4 | cohort | Yvonne Gallagher |
Change log
Jun 5, 2020 14:52: Peter Field Created KOG entry
Proposed translations
27 mins
Selected
vintage
"Année de génération" can be translated into English as "vintage year."
Example sentence:
"Le tableau ci-dessous donne le coût après amortissement et la juste valeur des titres par année de génération."
2 KudoZ points awarded for this answer.
Comment: "thanks for this suggestion"
+1
3 mins
Generation
il s'agit des personnes nées dans ces années, à mon avis.
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Note added at 4 mins (2020-05-28 15:59:56 GMT)
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https://www.wordreference.com/fren/génération
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Note added at 44 mins (2020-05-28 16:39:20 GMT)
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https://usiaffinity.typepad.com/alumni_insurance_program/201...
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Note added at 4 mins (2020-05-28 15:59:56 GMT)
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https://www.wordreference.com/fren/génération
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Note added at 44 mins (2020-05-28 16:39:20 GMT)
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https://usiaffinity.typepad.com/alumni_insurance_program/201...
Peer comment(s):
neutral |
AllegroTrans
: Your ref isn't related to insurance and doesn't substantiate your explanantion
37 mins
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https://usiaffinity.typepad.com/alumni_insurance_program/201...
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agree |
Youssef Chabat
3 days 18 hrs
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Thank you Youssef.
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17 hrs
cohort
I think cohort is used more widely in insurance
https://dictionary.cambridge.org/dictionary/english/cohort
See here:
https://home.kpmg/xx/en/home/insights/2018/02/ifrs17-transit...
Group of insurance contracts (level of aggregation)
An insurer identifies portfolios of insurance contracts. It divides each portfolio into a minimum of:
a group of contracts that are onerous on initial recognition, if there are any;
a group of contracts that, on initial recognition, have no significant possibility of becoming onerous subsequently, if there are any; and
a group of any remaining contracts in the portfolio.
An insurer divides each portfolio into annual cohorts, or cohorts consisting of periods of less than one year.
https://dictionary.cambridge.org/dictionary/english/cohort
See here:
https://home.kpmg/xx/en/home/insights/2018/02/ifrs17-transit...
Group of insurance contracts (level of aggregation)
An insurer identifies portfolios of insurance contracts. It divides each portfolio into a minimum of:
a group of contracts that are onerous on initial recognition, if there are any;
a group of contracts that, on initial recognition, have no significant possibility of becoming onerous subsequently, if there are any; and
a group of any remaining contracts in the portfolio.
An insurer divides each portfolio into annual cohorts, or cohorts consisting of periods of less than one year.
Peer comment(s):
neutral |
ph-b (X)
: I don't know whether one is used more widely than the other, but both exist in both languages and are synonymous in this context. So why not follow the source text?/"I have never seen..." OK. See discussion box.
1 hr
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For the simple reason I have never seen "generation" used in this way/ context and I've translated and reviewed lots of insurance documents
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Discussion