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assurance vie multisupport

English translation: multi-investment life insurance

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:assurance vie multisupport
English translation:multi-investment life insurance
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04:24 Aug 1, 2001
French to English translations [PRO]
Bus/Financial
French term or phrase: assurance vie multisupport
In a company presentation:

"En volume, le marché français est d’ailleurs depuis 1995 le premier marché européen de **l ’assurance vie multisupport**."

This section of the document discusses life insurance contracts in FRF and EUR and I think the "multisupport" refers to this multiple currency support but I'm not sure how to get this across in the English.

Thanks in advance!
Fiona Busfield
United Kingdom
multi-investment life insurance
Explanation:
CLP's description was quite accurate, but similar schemes do exist outside France.

I actually have one in the UK, which is called a 'multi-fund policy', but the more common term is 'multi-investment'.

Here are a few examples:

"Investment in these funds may also be made by way of life insurance, through the multi-investment State Street Quantissima 2 policy.

State Street Banque can also take charge of the comprehensive management of an investor's portfolio, through risk-profiled funds. "

- http://www.statestreetfrance.com/en/SS_france/offre.html


"We developed a memorable ad called "Zeros Come to Life" featuring a picture of a chicken hatching. Some people said it was silly to put a chick in a financial ad. But if you had seen that ad and invested in Prime Plan's 20-year zeros back then, you could still be accruing interest at 12-13% in U.S. Government guaranteed instruments. The zero portfolios demonstrated the flexibility we had in VL to shift our marketing focus as investment opportunities changed. It also may have triggered the trend toward multi-investment options in both VL and variable annuities."

- http://www.navanet.org/res/outlook/5_4_1.htm

"In organization structure and management mechanism, Orient Group Inc. is the sole investing and holding corporation, and the other companies are in the management of their own professional industries. In investment, Orient Group Inc. makes effort to realize multi-investment and to form a diversified market on the basis of the market economy."

- http://www.china-orient.com/orient/jtgk.htm

Selected response from:

jgal
Local time: 04:05
Grading comment
Thanks to all for putting me on the right track - the reference material was very helpful. Having looked at the options, I think multi-investment would be a lot clearer to an English reader.
4 KudoZ points were awarded for this answer

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Summary of answers provided
namultisupport = multi-sectoral
Parrot
namulti-investment life insurance
jgal
namulti-support
Clair@Lexeme


  

Answers


57 mins
multi-support


Explanation:
This seems to be the standard term.
Enter it in a google search along with life assurance, and you will find a number of websites. In fact it is an insurance that is invested in a number of different "supports" such as securities, real estate etc. thus spreading the risk. (and not multi-currency as you suggested)
It does however seem to be specific to France


    Reference: http://www.google.com
Clair@Lexeme
France
Local time: 04:05
Native speaker of: English
PRO pts in pair: 123
Login to enter a peer comment (or grade)

1 hr
multi-investment life insurance


Explanation:
CLP's description was quite accurate, but similar schemes do exist outside France.

I actually have one in the UK, which is called a 'multi-fund policy', but the more common term is 'multi-investment'.

Here are a few examples:

"Investment in these funds may also be made by way of life insurance, through the multi-investment State Street Quantissima 2 policy.

State Street Banque can also take charge of the comprehensive management of an investor's portfolio, through risk-profiled funds. "

- http://www.statestreetfrance.com/en/SS_france/offre.html


"We developed a memorable ad called "Zeros Come to Life" featuring a picture of a chicken hatching. Some people said it was silly to put a chick in a financial ad. But if you had seen that ad and invested in Prime Plan's 20-year zeros back then, you could still be accruing interest at 12-13% in U.S. Government guaranteed instruments. The zero portfolios demonstrated the flexibility we had in VL to shift our marketing focus as investment opportunities changed. It also may have triggered the trend toward multi-investment options in both VL and variable annuities."

- http://www.navanet.org/res/outlook/5_4_1.htm

"In organization structure and management mechanism, Orient Group Inc. is the sole investing and holding corporation, and the other companies are in the management of their own professional industries. In investment, Orient Group Inc. makes effort to realize multi-investment and to form a diversified market on the basis of the market economy."

- http://www.china-orient.com/orient/jtgk.htm



jgal
Local time: 04:05
Native speaker of: Native in EnglishEnglish, Native in FrenchFrench
PRO pts in pair: 897
Grading comment
Thanks to all for putting me on the right track - the reference material was very helpful. Having looked at the options, I think multi-investment would be a lot clearer to an English reader.
Login to enter a peer comment (or grade)

4 hrs
multisupport = multi-sectoral


Explanation:
as per Collin's Business French. I think Julia's right in her reading, however, since this has to do with fund placement and is DEFINITELY not the same as unit-linked life insurance.

Parrot
Spain
Local time: 04:05
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 1861
Login to enter a peer comment (or grade)




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