contractual commitment meaning in English
合同义务
合约承担
Examples
- Contingent capital is a relatively new type of convergence product , connecting insurance and capital markets . it is based on a contractual commitment to provide capital to a company after a specific adverse event occurs that causes financial distress . and contingent capital is designed more to sustain bussiness operations after a major loss . the aim is to prevent insolvency or a theat to planned investment projects due to a lack of disposable funds . these types of solution are especially suitable for hedging against extremely rare , but severe loss events . the market for contingent capital has existed since about 1995 and consists of about 16 deals so far , totaling usd 6 billion . and in the past the main purchasers of contingent capital solutions have usually been direct insurers and reinsurers
就现有的文献资料显示,截至2002年底,或有资本市场已经完成了16宗交易,交易总额达60亿美元,大多数或有资本交易都是为保险公司和再保险公司服务的。随着我国保险市场与国际市场的日益融合,国外保险公司参与国内保险市场的竞争,要想在国际化的激烈竞争中占有一席之地,就需要跟上国际市场最前沿的发展,发挥后发优势,充分利用已有的经验和条件。因此,正确认识或有资本的重要作用和发展潜力,有计划、有步骤地适时推出与我国国情相结合的或有资本工具,对做大做强中国保险业具有深远的意义。