Glossary entry (derived from question below)
English term or phrase:
General Account (GA)
Polish translation:
konto główne
Added to glossary by
LukLuk11
Oct 17, 2023 10:15
7 mos ago
9 viewers *
English term
General Account (GA)
English to Polish
Bus/Financial
Insurance
Kontekst: supporting General Account asset migration management
Proposed translations
(Polish)
3 | konto główne | Frank Szmulowicz, Ph. D. |
Proposed translations
1 hr
Selected
konto główne
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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ccccc
konto główne
Słownik ekonomii
https://www.diki.pl/slownik-angielskiego?q=general account
cccccccc
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
4 KudoZ points awarded for this answer.
Comment: "Dziękuję."
Discussion
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General Account (GA) for Prudential Financial, Inc. (PFI) excluding the Closed Block Division (CBD) - http://q4live.s22.clientfiles.s3-website-us-east-1.amazonaws...
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... insurance general account (GA) assets managed by third-party (non-affiliated) investment managers - https://www.institutionalinvestor.com/article/2bsvzzwcuylrf1... ...