Durchleitungsgebot

17:12 Jun 2, 2018 

I appreciate the gesture but that won't be necessary. I's better to give points for accuracy than for effort. That's more transparent and easier to assess. I don't even like that points can be awarded for criteria such as "what helped the asker the most". Great explanations don't always produce the best translations or the best possible glossary entries.

06:51 Jun 2, 2018 

Thank you. I think the points should go to Michael, not to mention that a reference containing "pass-through" was posted as well. When searching for the word in German, I stumbled across the Bafin page and realized that it was the same document that Michael had posted in English, which means I could just click on his link to look for the right paragraph.

Have great weekend!

04:16 Jun 2, 2018 

@Björn Vrooman, You found the same article colleagues in another forum found (and I which I overlooked). That is the right term, and which I used in the translation. If you put it in as an answer, I will award you the points.

Thank you all for your help with this.

00:16 Jun 2, 2018 

Tried to find something. What they're doing here, as far as I can tell, seems to be similar to insurance rebating and is illegal in the US, except for two states:
"Insurance rebating is a practice wherein something of value is provided to lure a prospective buyer into purchasing insurance. An example of insurance rebate is when a buyer receives a refund for all or part of the commission for the sale."
http://agents.insurancequotes.com/marketing/facts-about-insu...

The German section only applies to Bruttoverträge; It does not concern what you call Nettopolicen (which exclude any comission etc.):
https://de.wikipedia.org/wiki/Nettopolice

Best

23:28 Jun 1, 2018 

I think you should be credited with finding the document. Considering that I have a migraine (and, thus, a bit of a sleepless night) and am not big on insurance, I am not sure about the best way to express this and was wondering whether I'm missing something (maybe yours is OK in this context)--which is why I asked in the d-box.

Enjoy your evening

23:13 Jun 1, 2018 

I made up my mind to quickly on that one... Rather ironic considering I had stumbled across the right source..

22:51 Jun 1, 2018 

I think I have worked out what it means and I don't understand your agreement. Michael quoted the wrong paragraph. His is about "Provisionsabgabeverbot." Here's the relevant one:
"Diesem Nachteil soll das Durchleitungsgebot entgegenwirken: Der Kunde, also der Versicherungsnehmer, soll als Ausgleich für die Bezahlung des Beraters vom Versicherer eine Gutschrift erhalten, deren Höhe sich an den Kosten des Versicherers für die Versicherungsvermittlung orientiert."
https://www.bafin.de/SharedDocs/Veroeffentlichungen/DE/Facha...

In EN (see Michael's link):
"The pass-through requirement is intended to counteract this disadvantage. The customer, i.e. the policyholder, will receive credit from the insurer as compensation for paying the insurance consultant – the amount of which is determined based on the insurer's costs for insurance mediation."

Maybe it's too late and this may not be great English, but I don't see what that has to do with "commisson sharing."

Best wishes

13:14 Jun 1, 2018 

Kudos for actually finding the law concerned, but have you read article 48c and worked out what Zuwendungen are?

09:17 Jun 1, 2018 

For additional information the actual text of the law can be found here:
https://www.gesetze-im-internet.de/vag_2016/VAG.pdf