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Croatian to English translations [PRO]
Bus/Financial - Insurance | | Croatian term or phrase: Uloga stranke u osigurateljnom dokumentu | | ... |
| mlautarKudoZ activityQuestions: 31 (none open) ( 7 closed without grading) Answers: 10
Croatia
| Local time: 10:15
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Automatic update in 00:
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13 hrs confidence:   peer agreement (net): -1 Public investment in insurance-linked securities
Explanation:
insurance-linked security/financial instruments
catastrophe bonds = a subcategory of these:
http://ideas.repec.org/a/pal/gpprii/v32y2007i3p319-331.html
The world's financial markets have exploded with new products and new techniques such as derivatives and securitizations, giving rise to huge new markets. The author reviews recent developments in insurance-linked securities (ILS), financial products that link insurance and reinsurance with these new markets. Pricing and availability problems after Hurricane Katrina have led to newer types of products making their way into these markets. While catastrophe bonds still make up a significant portion of ILS, the risk of not recovering reinsurance receivables, for instance, can now be transferred to the financial markets via credit derivatives. Catastrophe risk can also be packaged as a credit derivative. New participants, like hedge funds and specialized mutual funds, have also caused a revival of exchange-traded ILS. ... Insurance and reinsurance companies can no longer treat these instruments as a matter of relative pricing between traditional products and ILS...
http://www.investopedia.com/terms/f/financialinstrument.asp
What Does Financial Instrument Mean?
A real or virtual document representing a legal agreement involving some sort of monetary value. In today's financial marketplace, financial instruments can be classified generally as equity based, representing ownership of the asset, or debt based, representing a loan made by an investor to the owner of the asset.
Investopedia Says
Investopedia explains Financial Instrument
Financial instruments can be thought of as easily tradeable packages of capital, each having their own unique characteristics and structure. The wide array of financial instruments in today's marketplace allows for the efficient flow of capital amongst the world's investors.
http://en.wikipedia.org/wiki/Finance
Finance is the science of funds management.[1] The general areas of finance are business finance, personal finance, and public finance.
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Note added at 13 hrs (2010-04-01 10:06:25 GMT)
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stranka - 3) ( in pl. ) the public; ~e se primaju od 10 do 12 office hours are from 10-12 < SerboCroatian-English Dictionary Srpskohrvatsko-engleski Rečnik, Morton Benson, Biljana Šljivić-Šimšić, Cambridge University Press, 3rd edition
|  elherrera
Local time: 01:15
Native speaker of:  English
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