Sunday, April 7, 2019

Dictionary

in·sol·vent—unable to pay debts owed.
资不抵债
co·er·cion - the practice of persuading someone to do something by using force or threats.
  1. 强迫,压迫
  2. Solvency—偿付能力
Intermediary brokers are defined as any firm, association, or corporation who "solicits, negotiates, or places reinsurance cessions or retrocessions on behalf of a ceding insurer without having the authority or power to bind reinsurance on behalf of such insurer."