ISO HomeValue's latest release enables underwriters
to invoke AIR's catastrophe models to generate a catastrophe risk analysis of the individual property at the point of underwriting.
are strictly"numbers people"--they use a computerized database to make all of their initial assessments.
often want to know the professional background of the audit committee member serving as the financial expert, and they may also want to delve into recent transactions, including related-party transactions in past three years and the existence of special purpose entities (SPEs).
may be willing to consider extensions of terms beyond the two weeks under some circumstances.
Due to the frequent absence of good information, the underwriter
must make certain assumptions to arrive at a bid and exit strategy.
They are part of the procedures underwriters
undertake to perform and document a "reasonable investigation" of unaudited information included in offering documents.
All of the consolidated assets and liabilities of the holding company that formerly owned Underwriters
Reinsurance, known as Underwriters
Re Holdings Corp.
MORGAN KEEGAN IS A LEADING UNDERWRITER
IN ARKANSAS AND SOUTH CENTRAL UNITED STATES IN THIRD QUARTER 2006
are carefully following these options-related matters as they unfold and are generally attempting a balanced, yet prudent, vetting of each company's unique situation.
Plus, we presented thousands of documents to the issuer's counsel, the underwriters
and their counsel.
We intend to support the continued growth of Underwriters
Reinsurance through additional investment and the accumulation of retained earnings; in particular, we intend initially to make an additional investment in Underwriters
Reinsurance sufficient to increase its statutory surplus to at least $250 million by 1993 year-end.
According to the survey results, 41 percent of the underwriters
said the greatest benefit of using BlitzDocs is the ability for underwriters
, brokers and other mortgage process participants to have access to the loan file.