Neugeschäft schreiben
English translation: to underwrite new business/policies
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| 06:08 Nov 29, 2006 |
| German to English translations [PRO] Bus/Financial - Insurance / risk management | |||||
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|  Selected response from: Steffen Walter Germany Local time: 19:01 | ||||
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| Summary of answers provided | ||||
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| 4 +1 | to underwrite new business/policies |
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| 3 +1 | to acquire new business |
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Answers
1 hr confidence: 
peer agreement (net): +1
peer agreement (net): +1to acquire new business Explanation: "Neugeschäft schreiben" is a typical expression in the insurance business. |
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4 hrs confidence: peer agreement (net): +1
peer agreement (net): +1to underwrite new business/policies Explanation: That would be more insurance-specific. See examples: http://www.insurance-canada.ca/poladmin/canada/TowerGroup-Li... ""Although TowerGroup finds that the life insurance industry has strong growth potential, based on converging trends in products, demographics, and distribution, insurance carriers are being held back by their inability to get life insurance products to market quickly and to ***underwrite new business*** efficiently," said Cindy Saccocia, research area director of the Insurance research service at TowerGroup. "The survey results demonstrate the importance of investing in technology that can support these key areas." http://www.insurancejournal.com/news/national/2006/07/05/700... "In recent months, AIG and Starr have been fighting in court over specialty insurance business that AIG underwrote for clients handled by Starr. AIG has accused Starr of trying to take its aviation, technology and excess liability customers away. Meanwhile, Starr has sought relationships with insurance companies other than AIG to ***underwrite new policies*** in these fields." |
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