seguono le sorti

English translation: and are linked to and subject to the same conditions as

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:seguono le sorti
English translation:and are linked to and subject to the same conditions as
Entered by: EirTranslations

15:41 Oct 31, 2019
Italian to English translations [PRO]
Business/Commerce (general) / pensions / law
Italian term or phrase: seguono le sorti
See below thanks

Da tale decorrenza il Fondo speciale ha assunto la denominazione di "Fondo di solidarietà per il settore del trasporto aereo e del sistema aeroportuale".
A chi è rivolto
Le prestazioni integrative del Fondo sono subordinate alla sussistenza delle prestazioni pubbliche di riferimento che integrano (CIGS, indennità di Mobilità Ordinaria, ASpI/NASpI) e delle quali seguono le sorti e il regime normativo.
EirTranslations
Ireland
Local time: 15:32
and are linked to and subject to the same conditions as
Explanation:
The non-statutory benefits depend on the existence of main benefits and are treated in the same way as them.

You'll see in the example below (which I imagine you'll find further on in your text) that when the main benefits stop, so do the non-statutory benefits.

What the Italian literally means is that A "follows the fate of" B. In one way this is more accurate, even though its sounds a bit odd, and you could use this option if you prefer!



Selected response from:

Tony Keily
Local time: 16:32
Grading comment
thx
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1and are linked to and subject to the same conditions as
Tony Keily
4(re-/ins.) follow the fortunes (doctrine or clause)
Adrian MM.


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
seguire / seguono le sorti
(re-/ins.) follow the fortunes (doctrine or clause)


Explanation:
The reinsurance treaty follows the hits made on the main insurance policy and the Lloyds names etc. go up or - more often than not - down with it.

'The follow-the-fortunes doctrine provides generally that a reinsurer must follow the underwriting fortunes of its reinsured and, therefore, is bound by the claims-handling decisions of its reinsured so long as there is no evidence of fraud, collusion with the insured, or bad faith. It is a burden-shifting doctrine that allows the reinsured the freedom of making good-faith claims decisions without the fear of having to relitigate those decisions with its reinsurer.'

Example sentence(s):
  • Follow the Fortunes. The Reinsurer\\\'s liability shall attach simultaneously with that of each Ceding Company and shall be subject in all respects to the same risks.

    Reference: http://www.proz.com/kudoz/italian-to-english/art-arts-crafts...
    Reference: http://www.irmi.com/term/insurance-definitions/following-the...
Adrian MM.
Austria
Native speaker of: Native in EnglishEnglish
PRO pts in category: 36
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23 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +1
and are linked to and subject to the same conditions as


Explanation:
The non-statutory benefits depend on the existence of main benefits and are treated in the same way as them.

You'll see in the example below (which I imagine you'll find further on in your text) that when the main benefits stop, so do the non-statutory benefits.

What the Italian literally means is that A "follows the fate of" B. In one way this is more accurate, even though its sounds a bit odd, and you could use this option if you prefer!





Example sentence(s):
  • Orbene, considerata la natura accessoria del trattamento integrativo d’importo, la sospensione della prestazione di ASpI/NASpI comporta la sospensione, per il medesimo periodo, anche di quella integrativa del Fondo.
Tony Keily
Local time: 16:32
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 20
Grading comment
thx

Peer comments on this answer (and responses from the answerer)
agree  Marco Belcastro Bara
7 hrs
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