General Account (GA)

Polish translation: konto główne

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:General Account (GA)
Polish translation:konto główne
Entered by: LukLuk11

10:15 Oct 17, 2023
English to Polish translations [PRO]
Bus/Financial - Insurance
English term or phrase: General Account (GA)
Kontekst: supporting General Account asset migration management
LukLuk11
Poland
Local time: 15:13
konto główne
Explanation:
What Is a General Account?
The general account is where an insurer deposits premiums from policies it underwrites and from which it funds day-to-day operations of the business. The general account does not dedicate collateral to a specific policy and instead treats all funds in aggregate.

KEY TAKEAWAYS
The general account is where insurance companies place their collected premiums.
The account is treated as an investable asset and is allocated accordingly.
General accounts invest in less risky ventures in case they need to make a large payout to their policyholders, as was the case with the Fukushima disaster or during large wildfires.

https://www.investopedia.com/terms/g/general-account.asp#:~:...
ccc

A general account is the account in which the
insurer deposits the premiums from the policies
and from which they finance the ongoing financial operations. A general account does not
allocate collateral to a specific policy, but instead
treats all funds together.

Konto główne to konto, w którym ubezpieczyciel
deponuje składki z polis i z których finansuje
bieżące operacje finansowe. Konto główne nie
przeznacza zabezpieczenia na określoną polisę,
a zamiast tego traktuje wszystkie fundusze
łącznie.

https://ebookpoint.pl/pobierz-fragment/e_3oog/pdf

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Note added at   1 godz. (2023-10-17 11:28:22 GMT)
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konto główne
Słownik ekonomii
https://www.diki.pl/slownik-angielskiego?q=general account

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Selected response from:

Frank Szmulowicz, Ph. D.
United States
Local time: 09:13
Grading comment
Dziękuję.
4 KudoZ points were awarded for this answer



Summary of answers provided
3konto główne
Frank Szmulowicz, Ph. D.


Discussion entries: 2





  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
general account (ga)
konto główne


Explanation:
What Is a General Account?
The general account is where an insurer deposits premiums from policies it underwrites and from which it funds day-to-day operations of the business. The general account does not dedicate collateral to a specific policy and instead treats all funds in aggregate.

KEY TAKEAWAYS
The general account is where insurance companies place their collected premiums.
The account is treated as an investable asset and is allocated accordingly.
General accounts invest in less risky ventures in case they need to make a large payout to their policyholders, as was the case with the Fukushima disaster or during large wildfires.

https://www.investopedia.com/terms/g/general-account.asp#:~:...
ccc

A general account is the account in which the
insurer deposits the premiums from the policies
and from which they finance the ongoing financial operations. A general account does not
allocate collateral to a specific policy, but instead
treats all funds together.

Konto główne to konto, w którym ubezpieczyciel
deponuje składki z polis i z których finansuje
bieżące operacje finansowe. Konto główne nie
przeznacza zabezpieczenia na określoną polisę,
a zamiast tego traktuje wszystkie fundusze
łącznie.

https://ebookpoint.pl/pobierz-fragment/e_3oog/pdf

--------------------------------------------------
Note added at   1 godz. (2023-10-17 11:28:22 GMT)
--------------------------------------------------

ccccc
konto główne
Słownik ekonomii
https://www.diki.pl/slownik-angielskiego?q=general account

cccccccc

Frank Szmulowicz, Ph. D.
United States
Local time: 09:13
Native speaker of: Native in EnglishEnglish, Native in PolishPolish
PRO pts in category: 364
Grading comment
Dziękuję.
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