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A banker working on underwriting several big offerings said, "I wouldn't put my mother in one of these".
That's creating opportunities for one professional niche: "From the top on down, there is much more rigor on underwriting, so there is more demand for people who might run credit in the underwriting space," says Ferguson.
Private insurers rely on underwriting.
When you hear "ban on underwriting," ask about mandates.
Insurance companies have long lost money on underwriting and made this up on the stockmarket.
It gorged both on underwriting bad loans and buying up collateralized debt obligations.
Similar(29)
Some arts officials said that in view of the huge financial losses suffered by many corporations and business titans in the bombing, they might no longer be counted on to underwrite the redevelopment.
Instead of relying on traditional underwriting, Kiva Zip is bringing back character-based lending, calling on members of the community to vouch for and lend to small business owners.
The government, though, could take on the underwriting role.
Each show depends on the underwriting of local sponsors like funeral homes and beauty salons.
Insurers used to tolerate losses on their underwriting business because healthy investment returns more than made up for them.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com