Is the group of underwriters called who share both the risks and the marketing responsibilities for a securities offering?

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tushargupta0691 tushargupta0691 · Answer 1 · 2022-08-26T07:47:35+02:00

A syndicate is a group of underwriters called who share both the risks and the marketing responsibilities for a securities offering.

What is the role of a syndicate?

A syndicate is a short-term partnership of specialists created to manage a major transaction that would be impossible to complete alone.

Members of a syndicate can pool their resources and share both the risks and the possibility for significant profits by creating a syndicate.

Syndicates are formed when firms in the same industry band together.

In the insurance sector, syndicates are frequently utilized to transfer insurance risk among numerous firms.
Insurance underwriters assess the risk of insuring a certain person or asset and use that assessment to price an insurance policy.

An underwriter in the corporate health insurance business, for example, may assess the possible health risks of a company's personnel.

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