Marine underwriters review and approve insurance policy applications for boats and other marine vessels. They must have experience in the insurance industry and may need to pass an insurance licensing exam. Underwriters use historical data to calculate risk and protect the financial interests of insurance companies. They may have expertise in marine vessels and maritime […]
Principal underwriters organize initial or secondary public offerings of shares, working with other institutions to establish a syndicate that markets shares to investors. The lead underwriter evaluates the issuing company’s finances and market conditions, determines the initial value and number of shares, and owns a majority of the shares. The syndicate receives a commission for […]
Primary underwriters organize initial or secondary public offerings of shares, collaborating with other institutions to form a consortium. They assess the issuing company’s financials and market conditions to determine the initial share value and quantity. The lead underwriter holds the majority of shares, and the syndicate receives a commission on each share sold. The lead […]
