Several New York counties, operating a pool to cut administrative and underwriting costs, issued similar bonds for $117.1 million last December, and in March, the State of South Carolina issued bonds for $934.5 million.
It's built into [banks'] underwriting costs.
Underwriting costs are fully paid from the contract and can last 10 30 years.
The company will raise about $136.9 million, assuming the IPO is priced at the midpoint and deducting underwriting costs.
Currently, underwriting costs are kept low through an automated process with simple criteria.
Another solution is to forge public-private partnerships to underwrite costs for better coastal monitoring of nations abutting pirate-infested waters.
The Shakespeare Theatre donated space, and the British Council and Bob Woodruff Foundation underwrote costs so that the plays could have two performances here last Thursday and Friday.
The Chinese government had agreed to underwrite costs for numerous industries, and those subsidies had trickled down to the glass-cutting factory.
Mr. Anderson said that the grant would help both promote the museum's collection of American art and underwrite costs for the exhibition staff at the New York museum.
These insurtech startups may open new streams of premiums, encourage investment income, find a leaner method to underwrite costs or effectively manage claim expenses.
