Financial backers, who would accept some of the risk on a given venture historically a sea voyage with associated risks of shipwreck in exchange for a premium , would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose. Convertible debt Exchangeable debt Mezzanine debt Pari passu Preferred equity Second lien debt Senior debt Senior secured debt Shareholder loan Stock Subordinated debt Warrant. Insurance companies must balance their approach to underwriting: if too aggressive, greater-than-expected claims could compromise earnings; if too conservative, they will be outpriced by competitors and lose market share.
The information used to evaluate the risk of an applicant for insurance will depend on the type of coverage involved. Participating Holders means all Holders of Registrable Securities which are proposed to be included in any offering of Registrable Securities pursuant to Section 2.
· Lead Underwriters vs. Co-Underwriters. In financial terms, the lead underwriters (or bookrunners), are in charge of organizing and executing the stock offering. During this process, they offer analysis, measure market demand for the offering, and determine the final offering price. If they are successful, they can reap up to an 8% sales commission on stock sales. For large offerings, lead.
- The Company hereby appoints the Agent, including Co-Underwriters or Selling Agents which have executed an Agreement with the Agent as set forth above, as its exclusive selling agent to solicit prospective purchasers of the Shares and as such to effect sales of the Shares, on a best efforts basis, for the Company in those jurisdictions specified by the Company during the Offering Period.
- In the U.
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Define Co-Underwriters. means each of Fortis Bank acting through its office at Syngrou Avenue, 71 Athens, Greece and Bayerische Hypo-und Vereinsbank AG acting through its office at 7 Heraklitou Street, GR 73, Athens, Greece.
Each insurance company has its own set of underwriting guidelines to help the underwriter determine whether or not the company should accept the risk. The information used to evaluate the risk of an applicant for insurance will depend on the type of coverage involved. For example, in underwriting automobile coverage, an individual's driving record is critical. The factors that insurers use to classify risks are generally objective, clearly related to the likely cost of providing coverage, practical to administer, consistent with applicable law, and designed to protect the long-term viability of the insurance program.
The underwriters may decline the risk, or may provide a quotation in which the premiums have been loaded including the amount needed to generate a profit, in addition to covering expenses  or in which various exclusions have been stipulated, which restrict the circumstances under which a claim would be paid.
Depending on the type of insurance product line of business , insurance companies use automated underwriting systems to encode these rules, and reduce the amount of manual work in processing quotations and policy issuance. This is especially the case for certain simpler life or personal lines auto, homeowners insurance.
Some insurance companies, however, rely on agents to underwrite for them. This arrangement allows an insurer to operate in a market closer to its clients without having to establish a physical presence. Two major categories of exclusion in insurance underwriting are moral hazard and correlated losses. For example, bedbugs are typically excluded from homeowners' insurance to avoid paying for the consequence of recklessly bringing in a used mattress.
This is why typical homeowner's policies cover damage from fire or falling trees usually affecting an individual house , but not floods or earthquakes which affect many houses at the same time. Continuous Underwriting is the process in which the risks involved in insuring people or assets are being evaluated and analyzed on a continuous basis. It evolved from the traditional underwriting, in which the risks only get assessed before the policy is signed or renewed.
It is also used in Life Insurance,  as well as Cyber Insurance. Real estate underwriting typically refers to the evaluation of a real estate investment, either of equity ownership or of a real estate loan. In the evaluation of a real estate loan, lenders assess both the risk of lending to a specific borrower as well as the risk of the underlying real estate.
Loan underwriters use various metrics including debt service coverage ratio , loan-to-value ratio , and debt yield ratio to assess out whether the property is capable of making debt service payments.
Forensic underwriting is the "after-the-fact" process used by lenders to determine what went wrong with a mortgage. This is typically done by an underwriter staffed with a team of people who are experienced in every aspect of the real estate field. Underwriting may also refer to financial sponsorship of a venture, and is also used as a term within public broadcasting both public television and radio to describe funding given by a company or organization for the operations of the service, in exchange for a mention of their product or service within the station's programming.
Underwriting activity in the mergers and acquisitions , equity issuance , debt issuance, syndicated loans and U. From Wikipedia, the free encyclopedia. For the United States Navy ships, see USS Underwriter. Financial practice supporting a contract's value. Please help improve this article by adding citations to reliable sources. No lines plan was available for the Sea Urchin; however, after the.
The conference also highlighted the importance of monitoring and benchmarking progress by developing an open metho d o f co - o r di nation in this area. Co - b r an ding is a valid option, also for the long term. They may also be reluctant to invest their resources or may themselves have suppliers which are not willin g t o co - o p er ate. Indeed, with the exception of funeral insurance, which seems to be a product in demand and relatively simple to offer for the insurers, the insurance products in greatest.
Speak with a business development manager or mort ga g e underwriter. No Underwriting - The Partnership will not act a s a n underwriter o f s ecurities except to the extent it is considered or deemed to b e a n underwriter i n c onnection with the disposition of portfolio [ Please click on the reason for your vote: This is not a good example for the translation above. The wrong words are highlighted. It should not be summed up with the orange entries The translation is wrong or of bad quality.
Thank you very much for your vote! You helped to increase the quality of our service. Ce secteur a [ Together with our teams in Frankfurt, London and New York, Helaba arranges project financing in the German-speaking region, in [ Because of the large number of [ Placement Agents means The Bankers Bank, a Georgia banking corporation, and BankersBanc Capital Corporation, a Georgia corporation.
Underwrite means the authority to accept or reject risk on behalf of the insurer. Placement Agent means H. Initial Purchaser means the initial purchaser of the Capital Securities. Dealer Managers means the dealer managers under that certain dealer manager agreement approved under the EFIH First Lien Approval Order. Underwritten Offering means an offering in which Registrable Securities are sold to an Underwriter for reoffering to the public.
Selling Holder means a Holder who is selling Registrable Securities pursuant to a registration statement. Underwritten Public Offering means an underwritten Public Offering, including any bought deal or block sale to a financial institution conducted as an underwritten Public Offering. Option Securities means the U. Option Securities and the International Option Securities.
Underwriting Agreement means the Underwriting Agreement for the offering and sale of Preferred Securities in the form of Exhibit C. Piggyback Registration means, in any registration of Common Stock referenced in Section 3 b , the right of each Holder to include the Registrable Securities of such Holder in such registration.
Insurance Underwriter Definition
Advanced Life Underwriting: The process of integrating the complex insurance issues of estate planning, taxation, business insurance and employee benefit plans. Advanced life underwriting can ...
Co-insurers, the leading Underwriter is also liable, [ ] by virtue of an unrestricted statement [ ] of declaration, for the shares of the Co-insurers. opho.be opho.be Fehlt die Zustimmung [ ] der beteiligten Versicherer, haftet der Führende [ ] aus einer ohne Einschränkungen abgegebenen Erklärung [ ] auch für die Anteile der Mitversicherer. Advanced Life Underwriting: The process of integrating the complex insurance issues of estate planning, taxation, business insurance and employee benefit plans. Advanced life underwriting can. Many translated example sentences containing "co-underwriter" – French-English dictionary and engine for French translations.
On Basis of Risk