Glossary entry (derived from question below)
Finnish term or phrase:
merkitä vakuutus/vakuutukset
English translation:
underwrite
Added to glossary by
Desmond O'Rourke
Aug 19, 2019 21:45
5 yrs ago
Finnish term
merkitä vakuutus/vakuutukset
Finnish to English
Other
General / Conversation / Greetings / Letters
From the annual report of a bank that offers insurance services, etc.:
"
Alla on lueteltu varautumiskeinot, joilla vakavaraisuutta voidaan tarvittaessa vahvistaa.
[...]
Riskialteimpien vakuutusten merkitsemisen lopettaminen
"
I don't understand what "merkitä" means in this context.
Is "marking" an action that one can do on insurance policies?
Kiitos
"
Alla on lueteltu varautumiskeinot, joilla vakavaraisuutta voidaan tarvittaessa vahvistaa.
[...]
Riskialteimpien vakuutusten merkitsemisen lopettaminen
"
I don't understand what "merkitä" means in this context.
Is "marking" an action that one can do on insurance policies?
Kiitos
Proposed translations
(English)
| 5 | underwrite |
Desmond O'Rourke
|
Change log
Aug 27, 2019 17:00: Desmond O'Rourke Created KOG entry
Proposed translations
3 hrs
Desmond O'Rourke
United States
United States
Native in English
United States
PROFESSIONAL JOBS PERSONALLY HANDLED
Native in: English 
Works in: Finnish to English, English to Finnish
Related KudoZ points
:
15
Selected
underwrite
merkitä = underwrite (an insurance policy/insurance policies)
Riskialteimpien vakuutusten merkitsemisen lopettaminen = Ceasing to underwrite risk prone policies
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Note added at 23 hrs (2019-08-20 21:41:15 GMT)
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Merkitä has more than one connotation. Merkitä in an insurance context means underwriting.
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Note added at 1 day 21 hrs (2019-08-21 19:41:06 GMT) Post-grading
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Merkitä meanings include: mark (on a box); stamp (for identification); enrol (as a member); enter (note using letters and numbers); sign (add signature); subscribe (shares or capital); entail (consequences); signify (go to show); mean (convey).
The original meaning of merkitä derives from 'to mark'. Underwriting means putting insurer's trust in an enterprise. Hope you will find this helpful and not confusing!
Riskialteimpien vakuutusten merkitsemisen lopettaminen = Ceasing to underwrite risk prone policies
--------------------------------------------------
Note added at 23 hrs (2019-08-20 21:41:15 GMT)
--------------------------------------------------
Merkitä has more than one connotation. Merkitä in an insurance context means underwriting.
--------------------------------------------------
Note added at 1 day 21 hrs (2019-08-21 19:41:06 GMT) Post-grading
--------------------------------------------------
Merkitä meanings include: mark (on a box); stamp (for identification); enrol (as a member); enter (note using letters and numbers); sign (add signature); subscribe (shares or capital); entail (consequences); signify (go to show); mean (convey).
The original meaning of merkitä derives from 'to mark'. Underwriting means putting insurer's trust in an enterprise. Hope you will find this helpful and not confusing!
Note from asker:
| Thanks! Do you happen to know why "merkitä" is used for this meaning? In what sense does the underwriting of insurance policies involve "marking"? (Or, does this expression draw on a different sense of "merkitä"?) |
| My question was how we get to the meaning "underwrite" from the other meanings of "merkitä" (since I would imagine that "underwrite" is not its earliest/simplest meaning). Perhaps it's impossible to resolve that question -- I was just curious if there is any obvious answer to it. |
4 KudoZ points awarded for this answer.
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