Glossary entry

French term or phrase:

achat de protection

English translation:

protection purchasing/procurement

Added to glossary by Alain Pommet
Aug 30, 2008 12:40
15 yrs ago
French term

achat de protection

French to English Bus/Financial Insurance Reinsurance
restructuration du secteur de l’assurance et centralisation des achats de protections

A discussion about the reinsurance industry.
Thanks for any help.

Proposed translations

4 hrs
Selected

protection purchasing/procurement

It's the function (buying protection) that is being centralised, not the protection. And stick with "protection", which is more general and includes things that are not insurance (e.g. default swaps).
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4 KudoZ points awarded for this answer. Comment: "Thanks very much to all and you especially"
+2
31 mins

protection purchased

achat de protection/vente de protection - protection purchased/protection sold
Peer comment(s):

agree Egmont
2 mins
thanks
agree Bourth (X) : But ... protection is what insurance is all about. I wonder if they mean something specific?
26 mins
thanks
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1 hr

purchase of cover

Just as vague ... As I say, protection is what insurers do (like the mafia really). Except that "cover" is a nicer word for it.

No more context available?
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