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placements

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12:53 Jan 7, 2008

English to English translations [PRO]
Insurance

English term or phrase: placements

placements or extensions of existing policies

caroteh

Summary of answers provided

4 +1

definition

xxxmistahara

current structure

Clauwolf

Discussion entries: 1

Answers

14 mins confidence:

current structure

Explanation:
:)

Clauwolf
Local time: 22:12
Native speaker of:

Portuguese

2 hrs confidence:

peer agreement (net): +1

definition

Explanation:
Placement of cover (insurance) - Where a broker effects an insurance or reinsurance contract with underwriters on behalf of its client.

Dictionary of Insurance Terms
private placement
technique used by insurance companies in the purchasing of debt obligations of corporations as a means to: (1) avoid the uncertainties of the market; (2) replace market negotiations with private negotiations; and (3) avoid Securities and Exchange Commission restrictions.

Dictionary of Insurance Terms
direct placement
security sold by the issuer of the security directly to the purchasing financial institution without the inclusion of the investment banker in this process. Insurance companies are frequent purchasers of securities in this way. Only the largest firms with the highest credit ratings are able to issue these types of securities. The issuer avoids the uncertainty of the market through these private negotiations.

http://www.allbusiness.com/glossaries/insurance/4941807-1.ht...

Please see other insurance dictionaries/glossaries for the definition of "placement" in terms of insurance. (google too).

xxxmistahara
Local time: 04:12
Native speaker of:

Romanian

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