The insurance company agreed to underwrite the risk of the ship sinking during the voyage.
保险公司同意承保船只在航行中沉没的风险。
Our bank is willing to underwrite the loan for your new business venture.
我们银行愿意为你的新商业冒险提供贷款担保。
The publisher decided to underwrite the costs of the author's book tour to promote sales.
出版商决定承担作者巡回宣传新书的所有费用以促进销售。
The philanthropist agreed to underwrite the expenses of the charity event, ensuring its success.
慈善家同意资助慈善活动的所有开销，确保其成功举行。
The music festival was able to go ahead thanks to a corporate sponsor who underwrote the entire event.
由于一家企业赞助商承揽了整个活动的费用，音乐节才能够如期举行。
The art gallery secured an underwriter who would cover any losses incurred from the exhibition.
这家美术馆找到了一个担保人，愿意承担展览可能产生的任何损失。
The film production company managed to find an investor willing to underwrite the entire budget of the movie.
电影制作公司成功找到一位愿意承担整部电影预算的投资人。
The theater group received a grant that underwrote the cost of their upcoming play's costumes and set design.
剧团获得了一笔拨款，用以支付即将上演戏剧的服装和布景设计费用。
The concert organizer found a major brand to underwrite the event, which helped with marketing and ticket sales.
音乐会组织者找到一个大品牌作为赞助商，这有助于市场营销和门票销售。
The government agreed to underwrite the research project aimed at finding a cure for the disease.
政府同意资助旨在寻找该疾病治疗方法的研究项目。
In the country, Swiss Re has launched digital solutions including the automated insurance underwriting platform Magnum and the agricultural insurance risk management platform SRAIRMP, providing technological support to clients across industries and the entire reinsurance value chain.
在该国，瑞士再保险推出了数字解决方案，包括自动化保险承保平台Magnum和农业保险风险管理平台SRAIRMP，为跨行业和整个再保险价值链的客户提供技术支持。
The insurer handled underwriting totaling $899.58 billion for insured businesses throughout the year, serving over 170,000 clients, it said.
该公司表示，该保险公司全年为被保险企业承保总额为8995.8亿美元，为超过17万名客户提供服务。
The underwriting for small and medium-sized enterprises amounted to 226.78 billion dollars, a 15.7 percent increase from a year earlier, according to Sinosure.
中信保的数据显示，中小企业的承销总额为2267.8亿美元，同比增长15.7%。
During the period, the company handled underwriting for insured businesses worth a total of $817.93 billion, up 8.6 percent year-on-year.
在此期间，该公司为保险业务办理了总计8179.3亿美元的承保，同比增长8.6%。
Set up in 2010 with 80 percent of its stake held by the CDB, China's State-funded and State-owned development finance institution, CDB Securities is known as one of the major corporate bond underwriters in the country's securities industry while providing other financial services such as equity underwriting and asset management.
国开行证券成立于2010年，80%的股份由中国国家出资和国有发展金融机构国开行持有。国开行证券是中国证券业的主要公司债券承销商之一，同时提供股权承销和资产管理等其他金融服务。
It improved the functions of the overseas development and management committee, strengthened business planning and research, and realized underwriting profits in all of its three major overseas business platforms of P&C reinsurance.
完善海外发展和管理委员会职能，加强业务规划和研究，在其三大海外业务平台——保再保险——全部实现承保利润。
As experienced in mature insurance markets of developed countries, the separation of underwriting and sales of insurance products will be inevitable and professional third-party brokerage firms will become an important business model.
正如发达国家成熟的保险市场所经历的那样，保险产品的承保和销售分离将是不可避免的，专业的第三方经纪公司将成为一种重要的商业模式。
PSBC continued to focus on the investment banking businesses of bond underwriting, syndicated loans, M&A finance, financial advisory, asset securitization and so on, and played an active role in improving the comprehensive financial service capabilities of corporate banking, increasing intermediary business income, and supporting the reform and transformation of the bank, according to its 2021 interim results announcement released on Friday.
根据周五发布的2021年中期业绩公告，中国邮政储蓄银行（PSBC）继续专注于债券承销、银团贷款、并购融资、财务顾问、资产证券化等投资银行业务，积极提升公司银行业务的综合金融服务能力，增加中间业务收入，支持银行的改革和转型。
Last year, major investment banks, including Goldman Sachs, Bank of America, Citigroup and Barclays, lined up to underwrite WeWork's planned initial public offering (IPO).
The group built the reinsurance-primary insurance blockchain-based business platform, Nuclear Insurance Pool business management platform, China Re Life's AI underwriting platform, intelligent calculation platform for bancassurance data integration, and promoted digital transformation in an all-round manner to safeguard the steady development for the insurance sector.
Earlier this year, major investment banks, including Goldman Sachs, Bank of America, Citigroup and Barclays, lined up to underwrite the deal.
Major investment banks, including Goldman Sachs, Bank of America, Citigroup and Barclays, lined up to underwrite the deal.
Looking ahead, she said she hopes that the bank will be able to take advantage of the opportunities offered by China's further opening-up, obtaining new licenses to better serve clients' needs and contribute to China's financial market, such as the custodian bank and Type A underwriting license that allows it to act as a lead underwriter for corporate debt issued by nonfinancial institutions.
Shen said, with such a large number of members, the company is able to conduct risk control in terms of underwriting, pricing and operation, ensuring that members can receive the agreed payment when they get sick.
The bank also used instruments such as the Credit Risk Mitigation Warrant, a financial instrument to hedge default risks, to underwrite debt financing instruments of 11.88 billion yuan and undertake asset-backed securitization projects of 3.15 billion yuan for private enterprises, according to the announcement.
More recently, we have obtained a license to underwrite Panda bonds for foreign issuers.
"We estimate that we will receive net proceeds from the sale of ordinary shares of approximately up to $9.3 million, based upon an assumed offering price of $5 per share, the midpoint of the range set forth on the cover page of this prospectus, and assuming no exercise of the overallotment and after deducting estimated underwriting discounts and commissions and estimated offering expenses," said its latest filling.
The underwriters have been granted an option, exercisable within 30 days from the date of the final prospectus, to purchase up to 465,000 additional ADSs at the initial public offering price less the underwriting discount.
The underwriters have been granted an option, exercisable within 30 days from the date of the final prospectus, to purchase up to 1,650,000 additional ADSs at the initial public offering price less the underwriting discount.
The underwriters have been granted an option, exercisable within 30 days from the date of the final prospectus, to purchase up to 1,359,000 additional ADSs from the Company and the selling shareholders at the IPO price less the underwriting discount.
In addition, the role of the insurance industry in underwriting risk and investing with a long-term horizon cannot be underemphasized.
We see four areas in which digital innovation will take place: in acquiring new clients, in underwriting and risk selection, around reducing the costs of the value chain, and around creating new services for customers.
Let me share an example: Magnum, our automated underwriting tool for Life & Health clients, collects data that can help us and our clients in the ongoing optimization of our underwriting services.
The mechanism regarding qualified overseas investors will be improved and foreign investors will be encouraged to participate in trading of crude oil and iron ore futures as well as underwriting local government bonds.
Over the same period, we have added many new product offerings in China for our clients including: government bond underwriting; cross-border sweeping; Money Market Fund Auto transfer; Virtual Branch; and corporate bond underwriting and bond settlement in China's interbank bond market.
In addition, the company has granted the underwriters a 45-day option to purchase up to an additional 252,000 ordinary shares at the public offering price, less underwriting discounts and commissions.
The joint venture has obtained licenses to offer services including equity and debt sponsoring and underwriting, equity research and brokerage of locally listed securities, advising on domestic and cross-border corporate mergers and acquisitions as well as investment advisory.
According to the memorandum, both sides will strengthen cooperation in settlement and clearing, project financing, bond underwriting and investment, trading services of interbank bond and forex markets, internet finance and informatization construction, to provide high-quality services for infrastructure projects of countries involved in the Belt and Road Initiative, as well as other emerging economies and developing nations.
We strive to help promote the high-quality development of China's insurance and reinsurance industry in areas such as risk management, underwriting capacity and service level, thus contributing to social prosperity and stability.
To expand supply and deepen innovation of reinsurance products, it is crucial to establish a data exchange and resource integration system that will improve reinsurance underwriting capabilities and service quality.
With a fast improving outlook for China and global investors becoming more bullish, Deutsche Bank sees big potential this year for its debt underwriting, asset management, investor services and custody businesses.
After the central authorities unveiled the policy statement to comprehensively promote rural revitalization, the CBIRC announced on Feb 24 it had issued administrative measures for agriculture insurance underwriting and claims to deepen the supply-side structural reform of agriculture insurance.
Terms for the underwriting and claim-settlement of export credit insurance will be improved, to scale up support for micro, small and medium-sized enterprises (MSMEs) in foreign trade and against the risks of cancellation of orders before shipment.
Terms for the underwriting and claim-settlement of export credit insurance will be improved, to scale up support for micro, small and medium-sized enterprises in foreign trade and also protect against the risks of cancellation of orders before shipment.
"Access is no longer a problem for foreign institutions in China," Lai said, adding that as one of the first foreign banks that obtained access to underwriting onshore corporate bonds from Chinese issuers, BNP Paribas performed the first lead underwriting by a foreign bank of this kind in December 2019.
Agricultural Bank of China inked strategic cooperation agreements with five real estate companies including CR Land and Longfor Group to build long-term partnerships with the latter two in terms of property development loans, housing mortgage, loans for mergers, bond underwriting and investment.
The bank will actively participate in the underwriting of and investment in bonds issued to finance real estate company M&A deals.
The company should also strictly follow its prospectus as well as its issuance and underwriting plan.
Lu from Nuanwa, speaking of digital transformation trends in the industry, said that many insurance companies are focusing on separate links, such as sales, underwriting or insurance claims.
More and more private capital is available to the industry through venture and private equity funds, which underwrite most R&D in China.
越来越多的私人资本通过风险投资和私募股权基金流向该行业，这些基金在中国资助了大部分研发工作。
Wang Lu, manager of non-automobile insurance underwriting department of the Beijing branch of Huatai Insurance Group, told Beijing Youth Daily that the company's insurance products covered risk during the transportation of the exhibit and the exhibition period.
He Hongkai, head of underwriting of cultural relics and artworks of Switzerland-based insurance company Chubb, said as China is actively participating in the global artwork development, more Chinese collect and invest in artworks, and the fine arts insurance is being accepted by more people.
The active engagement of Snowball into the IPO filing of Li Auto means that Snowball Group officially realized the closed loop of IPO financial services, which ranged from marketing to underwriting.
Based in Beijing with a registered capital of 1.05 billion yuan ($150 million), SCSCL will initially focus on four licensed business areas — underwriting, asset-backed securities, brokerage and own-account trading.
Apart from participating in the underwriting and management of such debts, it has reasonably supported the market-oriented transformation of local government financing platforms while strengthening the bank's compliance management over new businesses.
The rules involve simplifying listing requirements, optimizing registration procedures and improving the regulations on underwriting and major asset restructuring of listed firms.
These local securities firms generated 390 million yuan in income from their underwriting businesses last year, according to Shanghai Observer.
With a fast improving outlook for China and global investors becoming more bullish, Deutsche Bank sees a big potential this year for its debt underwriting, asset management, investor services and custody businesses.
The companies should closely follow prospectuses, issuance plans and underwriting plans when issuing stocks, the commission said.
Securities firms' income will naturally increase as their IPO underwriting and sponsoring businesses grow, according to GF Securities experts.
A consensus has been reached among market mavens, who anticipate that leading securities firms should take an even bigger share in investment banking businesses, including securities underwriting, stock trading, mergers and acquisitions advising, private equity investment and reorganization.
Chinese securities firms are accustomed to making much of their profit from underwriting and sponsoring businesses, said Yang Fan, chief policy analyst of CITIC Securities.
According to CITIC Securities, a total of 65 securities firms took part in A-share IPO project underwriting and sponsorship last year, while the top three firms accounted for 45.1 percent of the annual revenue.
Fifty-two public securities firms made a total income from underwriting business of 32 billion yuan in 2022, with CITIC Securities as the largest single earner at 5.1 billion yuan of income from that source, according to Hithink RoyalFlush Information Network Co Ltd.
Ten brokerages saw underwriting income of less than 40 million yuan each, including Huajin Securities and TF Securities.
The measures streamline listing requirements, lift administrative restrictions on the price and size of IPOs, and optimize rules for underwriting and sponsoring businesses.
Market supervision and investor protection stand strengthened under the new rules, as legal breaches in the process of securities issuance and underwriting will be strictly punished according to the law, the CSRC said.
Market supervision and investor protection are strengthened under the new rules, as legal breaches in the process of securities issuance and underwriting will be strictly punished according to law, the commission said in a statement on Friday.
With an initial capital injection of 1.05 billion yuan ($154.87 million), the Beijing-based securities firm will cover underwriting, asset management of asset-backed securities only, own-account trading and brokerage activities.
Set up in 2010 with 80 percent of its stake held by China Development Bank－a State-funded and State-owned development bank－CDB Securities is known as one of the major corporate bond underwriters in the country's securities industry while providing other financial services such as equity underwriting and asset management.
"Deutsche Bank is one of two international banks with the Type-A lead underwriting license, a full license for debt financing instruments by non-financial enterprises in the CIBM, allowing the bank to provide debt issuance solutions to both local and foreign corporates.
CITIC Securities Co, a major Chinese securities firm, earned the No 1 ranking in the underwriting of global equity offerings in the first three quarters, overtaking US investment bank Goldman Sachs Group Inc, thanks to a surge in China's initial public offerings.
Foreign institutions are welcome to participate in the stock underwriting and product design at the BSE, Li Wenhong, head of the Beijing Bureau of Local Financial Regulation and Supervision, said at the forum.
The companies should strictly follow the prospectus as well as the issuance and underwriting plan while issuing stocks, the regulator said.
Mark Leung, chief executive of JPMorgan China, said that the firm has obtained all the financial licenses for conducting securities brokerage, proprietary, consulting, underwriting and sponsoring businesses in China, all of which are based on the deepened opening-up of the Chinese financial market.
As the core underwriter, China International Capital Corporation (CICC) fully tapped clients' needs to fight the pandemic together, achieving 100 percent bidding and 27.8 percent underwriting of the issuance.
The stabilization of new mid- to long-term corporate loans in March, and accelerated underwriting in green, micro, infrastructure and long-term manufacturing loans are some of the best examples.
Meanwhile, the subsidiary companies of Ping An Insurance Group Co also took steps related to the underwriting of the flight.
The DBS management team said foreign investment banks are more experienced in seeking qualified foreign institutional investors or QFIIs, making more effective underwriting plans for issuers and attracting leading industry investors and strategic investors.
In breakdown, revenues from securities trading came in at 100.08 billion yuan, while that of securities underwriting and sponsoring business, and asset management stood at 41.6 billion yuan and 21.96 billion yuan, respectively, during the period, the association said.
Investment banks can make progress by improving their service quality on sponsoring, pricing and underwriting, Li added.
"A bank may face higher credit risks in underwriting emerging technologies because many green technologies are evolving with low predictability of potential returns and obsolescence risks.
It is also not allowed to underwrite insurance businesses related to virtual currencies or bring virtual currencies into insurance liability coverage.
The Anhui office of the CBIRC urged national banking and insurance institutions to take advantage of their parent group's capability to offer a portfolio of financial services like lending, bond underwriting, wealth management and investment banking.
Shanghai-based foreign financial services providers will be supported to expand their business, which means that they will be allowed to apply for interbank bond market underwriting qualification, securities fund trust qualification and non-bank businesses.
Online underwriting and claims decrease operational costs.
Many have expressed interest to increase investment in China and boost their holdings in China JVs to gain a bigger presence in the nation's securities market including the stock and bond underwriting businesses.
In breakdown, revenues from securities trading came in at 90 billion yuan, while that of securities underwriting and sponsoring business, and asset management stood at 43.16 billion yuan and 21.26 billion yuan respectively during the period, the association said.
Building on the experience of the pilot program, the commission will steadily advance a market-wide IPO reform, with measures to improve the information disclosure system, issuance and underwriting mechanisms as well as delisting channels.
The country will leverage the registration-based reform to promote improvements in the rules related to issuance, underwriting, trading, continuous supervision, delisting, investor protection and other areas, while systemically addressing weak links in the capital market institutional framework, he said.
With the aim of providing onshore products and services for domestic and foreign clients, DBS Securities will engage in activities including brokerage services, securities investment consulting, securities underwriting and sponsorship, as well as proprietary trading.
The authorities also announced measures that permit foreign-funded institutions to conduct credit ratings business on all types of bonds in the interbank and exchange bond markets, and to obtain "Type-A" lead underwriting licenses in the interbank bond market.
Businesses that it will engage in include brokerage, securities investment consulting, securities underwriting and sponsorship, as well as proprietary trading.
According to its prospectus filed with the SEC, Li Auto paid a total of $43 million to the underwriting syndicate, which includes Goldman Sachs, Morgan Stanley, UBS Securities and China International Capital Corp.
Investment banks collect hefty underwriting fees from these Chinese IPOs as well as trading commissions based on daily volume.
But leading securities firms are more capable in research, distribution and underwriting, said Cao.
"Such capabilities of securities firms are crucial now that the registration-based initial public offering mechanism has been introduced, which requires a comprehensive underwriting system.
The Industrial and Commercial Bank of China (ICBC), the country's biggest commercial lender, saw its business of debt financing instruments (DFI) underwriting expand steadily in the first six months amid efforts to support COVID-19 prevention and control.
It opened a green channel for the underwriting and issuance of bonds related to epidemic prevention and control, so as to facilitate fund-raising for pharmaceutical, logistics, and transport companies.
The competition among securities firms in terms of the underwriting and sponsoring business has thus intensified.
Beijing-based China International Capital Corp has so far been responsible for the sponsoring and underwriting of 14 STAR Market-listed companies, outperforming all its peers.
China Securities and CITIC Securities followed, handling 11 and nine STAR Market-listed companies' sponsorships and underwriting, respectively.
Shanghai-based market tracker Wind Info said the 100 STAR Market-listed companies have brought in more than 6.77 billion yuan ($951.28 million) in sponsorship and underwriting income for securities firms over the past nine months.
China planned to optimize the issuance and underwriting of initial public offerings (IPOs) under the reform of the registration-based IPO system in ChiNext, the country's Nasdaq-style board of growth enterprises, according to the country's top securities regulator.
The CRSC pledged promotion of IPO issuance and underwriting system on the sci-tech innovation board, so as to improve cooperation and integration with different boards.
JPMorgan Securities will provide a comprehensive set of financial services, including brokerage, securities investment advisory, and securities underwriting and sponsorship, the company said.
More foreign-funded institutions have been allowed to enter the inter-bank bond market to carry out bond underwriting and rating business.
The document asserted it is necessary to further expand coverage of short-term insurance, introduce targeted professional services, improve underwriting efficiency and innovate underwriting modes to help companies strengthen export risk management and cut potential corporate losses amid the epidemic.
The Shanghai Stock Exchange announced on Sunday business arrangements covering six major areas, including review of companies' listing application for the STAR Market, stock issuance, underwriting and listing services, public companies' information disclosure, securities services, optimizing on-site businesses, and the management of services for market entities.
The newly released announcement mainly covers six areas of business arrangement, including review of companies' listing application for the STAR Market, stocks issuance, underwriting and listing services, public companies' information disclosure, securities services, optimizing onsite businesses and management of services for market entities.
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