English to German Bus/Financial Insurance

XXX (Versicherungsgesellschaft) has developed a good collaboration with YYY (Versicherungstochter eines Mischkonzers) by taking an active role on most of its mother company *placements* and by leading the* reinsurance placement* of the first refinery in the country.

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.Intermediary - A third party in the design, negotiation, and administration of a reinsurance agreement. Intermediaries recommend to cedants the type and amount of reinsurance to be purchased and negotiate the *placement* of coverage with reinsurers.