Sentences with phrase «underwrites spacs»

There is no evidence that lower corporate taxes or repatriation of profits lead to higher non-residential investment, unless the state underwrites commercial risks whilst trickle - down economics has been discredited decades ago.»

The average retail broker at Morgan Stanley typically gets no more than a few hundred shares per client for popular IPOs that the firm underwrites, said one of the advisers, who requested anonymity because he did not want to be seen criticizing his own firm.

Who underwrites your project?

Now we've partnered with Aviva Canada to underwrite these plans.

Wells built the new product and its credit underwriting model in nine months, Stevens said, largely in response to its customers needs.

Compared with standard commercial loan products, the underwriting examines cash flow closely as a basis for approvals and decisions on loan rates.

Unlike a traditional IPO, Spotify conducted a direct listing, meaning no banks underwrote the offering and no price was set ahead of the debut.

Last month alternative lender OnDeck announced a partnership in which JPMorgan Chase will use OnDeck's technology to underwrite credit to some of the giant bank's 4 million small business customers.

In December, JPMorgan Chase said it will use alternative lender OnDeck's credit - scoring technology, in an attempt to more quickly underwrite credit to some of the giant bank's 4 million small business customers.

It was seen valuing Aramco at $ 1 trillion to $ 2 trillion and raising about $ 100 billion to underwrite an expansion of the kingdom's public investment fund.

However, income tax expenses at the firm fell 21.3 percent, primarily driven by lower U.S. corporate income tax rate, while underwriting gains rose 22.3 percent to $ 258 million.

A combined ratio under 100 % generally indicates an underwriting profit.

Why pay hundreds of million of dollars in underwriting fees for something you don't actually need?

Bond & Specialty Insurance — Bond & Specialty Insurance provides surety, fidelity, management liability, professional liability, and other property and casualty coverages and related risk management services to its customers in the United States and certain specialty insurance products in Canada, the United Kingdom, the Republic of Ireland and Brazil, utilizing various degrees of financially - based underwriting approaches.

The Latners added Quality Underwriting Services Ltd. (for an undisclosed amount) to their life insurance risk assessment company Dynacare last year, quietly growing their fortune.

For purposes of computing ratios, billing and policy fees and other (which are a component of other revenues) are allocated as a reduction of underwriting expenses.

In addition, G&A include non-insurance expenses that are excluded from underwriting expenses, and accordingly are excluded in calculating the combined ratio.

A combined ratio over 100 % generally indicates an underwriting loss.

It reads, ``... the trading volume and price of our ordinary shares may be more volatile than if our ordinary shares were initially listed in connection with an underwritten initial public offering.»

The combined ratio as used in this earnings release is the equivalent of, and is calculated in the same manner as, the SAP combined ratio except that the SAP underwriting expense ratio is based on net written premiums and the underwriting expense ratio as used in this earnings release is based on net earned premiums.

The underlying combined ratio is an indicator of the Company's underwriting discipline and underwriting profitability for the current accident year.

Spotify's direct listing differed from a standard initial public offering in that the company only sold existing shares instead of issuing new ones and had minimal contact with investment banks, which typically underwrite IPOs.

It went against all expectations, against all of the assumptions of previous underwriting.

The combined ratio, loss and LAE ratio, and underwriting expense ratio are used as indicators of the Company's underwriting discipline, efficiency in acquiring and servicing its business and overall underwriting profitability.

the impact of investment (including changes in interest rates), economic (including inflation, recent changes in tax law, rapid changes in commodity prices and fluctuations in foreign currency exchange rates) and underwriting market conditions;

Core income before income taxes increased due to higher net favorable prior year reserve development as well as a strong underlying underwriting gain.

In response to this environment, banks have been raising their capital reserves and holding onto deposits, decreasing the likelihood of underwriting small business loans, according to Mills.

In addition, fee income is allocated as a reduction of losses and loss adjustment expenses and underwriting expenses.

Underwriting gain / (loss) is net earned premiums and fee income less claims and claim adjustment expenses and insurance - related expenses.

Thiel was rumored to express interest in acquiring the company's remaining assets as a way to shut down Gawker's investigation into the tech billionaire's role in underwriting the lawsuit that led to the company's bankruptcy.

The company is being underwritten by Citi, Credit Suisse, and Jefferies.

Consider tapping a preferred SBA lender, like KeyBank or TD Banknorth, which are often able to underwrite their own loans.

In March, OSFI unveiled a series of proposed new rules governing mortgage loan underwriting.

Underwriting revenues were $ 777 million, up 16 % from the from the prior - year quarter.

The firm said that reflected stronger revenues in debt underwriting due to strong performance in leveraged finance and asset - backed activity.

The acquisition will be fully debt - financed and is underwritten by Deutsche Bank, JP Morgan and BNP Paribas.

It also plans to underwrite a primary share capital increase of up to 100 million euros to help the company grow its business.

First, the merchant, originally priced for a six - month repayment cycle based on the underwriting assumptions and risk factors, drastically expands the funder's risk level.

The aggregate offering size was $ 69.0 million, before deducting the underwriting discounts and commissions and other offering expenses.

«They're underwriting less in that region now, but just like other lenders, weakness hasn't shown up in the books yet,» Chan says.

The unconventionally underwritten video debuted just as OK Go left EMI, their label for almost a decade.

HOUSTON, April 20, 2018 (GLOBE NEWSWIRE)-- Bellicum Pharmaceuticals, Inc. (NASDAQ: BLCM) a clinical stage biopharmaceutical company focused on discovering and developing cellular immunotherapies for cancers and orphan inherited blood disorders, today announced the closing of its previously announced underwritten public offering of 9,200,000 shares of its common stock, including 1,200,000 shares sold pursuant to the underwriters» full exercise of their option to purchase additional shares, at a public offering price of $ 7.50 per share.

Julie Dickson, superintendent of Canada's chief banking regulator (the Office of the Superintendent of Financial Institutions, or OSFI), said in a recent speech that although most banks already have real estate underwriting policies, «we had noticed cases where board approved policies were not being followed.»

Equity underwriting revenues were lower because of a decrease in IPO volumes across the industry, the firm said.

A large portion of underwriting is in operations — overhead, personnel, etc..

For example, Palo Alto, California - based Cape Analytics, which raised $ 14 million in its first round of venture funding in November, applies computer vision and machine learning to automate property underwriting for insurance companies.

Obviously, we don't want to return to the lax standards of the housing bubble, nor should taxpayers be put on the hook for poorly underwritten loans.

The main focus for our underwriting criteria is whether or not we believe the contractor can successfully meet the specific risk.

Fintech is a big opportunity for the Vision Fund, because cash is critical in building out lending and underwriting operations and there are plenty of areas where emerging companies can take on giant slow - moving banks.

After the financial crisis, underwriting standards tightened as investors pulled out of the market.»