Underwriting Cycle

An underwriting cycle (also called the insurance cycle) is the recurring pattern of business conditions in the property/casualty insurance market that alternate between “soft”…

Underwriting Capacity

Summary Underwriting capacity is the maximum amount of insurance liability an insurer is willing and able to assume through its underwriting activities. It represents…

Underwriting Agreement

Key takeaways – An underwriting agreement is a contract between an issuer (company) and one or more investment banks (the underwriting group or syndicate)…

Underwriters Laboratories

Key takeaways – Underwriters Laboratories (UL) is one of the world’s oldest and largest independent safety science organizations, founded in 1894 to reduce hazards…

Underwriter

Key Takeaways – An underwriter evaluates and assumes risk for a fee in transactions such as mortgages, insurance policies, loans, and securities offerings (Investopedia).…

Underwriter Syndicate

An underwriter syndicate (also called an underwriting group, banking syndicate, or investment banking syndicate) is a temporary alliance of investment banks and broker‑dealers assembled…

Underwithholding

Summary Underwithholding occurs when an individual has not had enough federal (or state/local) tax withheld from wages or other income during the year to…

Underweight

Key takeaways – “Underweight” has two related meanings: (1) a portfolio holds a smaller percentage of a security than its benchmark does; (2) an…

Underwater Mortgage

An underwater mortgage (also called negative equity) occurs when the outstanding principal on a home loan is greater than the home’s current market value.…

Undervalued

• An asset is undervalued when its market price appears lower than its estimated intrinsic value—the present value of its expected future free cash…