Club deal and Insurance: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Layout.)
 
imported>Doug Williamson
(Link with Insurance risk page.)
 
Line 1: Line 1:
1. ''Loans''. 
A contract designed to provide protection against specified types of risk or loss, by paying out to the insured party in the event that the insured loss occurs.  
 
A syndicated loan in which the (initial) members of the syndicate are each requested by the borrower. In such cases there is an agent bank but not necessarily an arranging (or managing) bank although larger lenders may be allocated such a title in order to justify additional fees.
Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance.
 
 
2. '''Private equity.''
 
A transaction in which a number of private equity firms jointly undertake a buyout larger than any of them would wish to undertake alone.  
 


== See also ==
== See also ==
* [[Agent bank]]
* [[Captive insurance company]]
* [[Private equity]]
* [[Chartered Insurance Institute]]
* [[Syndicated loan]]
* [[Fixing instrument]]
 
* [[ILS]]
[[Category:Corporate_finance]]
* [[Insurable]]
[[Category:Long_term_funding]]
* [[Insurance risk]]
* [[Insure]]
* [[Option]]
* [[Premium]]
* [[Risk]]
* [[Underwriting]]

Revision as of 11:28, 19 May 2015

A contract designed to provide protection against specified types of risk or loss, by paying out to the insured party in the event that the insured loss occurs.

Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance.

See also