#risk level

[robtolley]

Surety Bond Underwriting: An Overview

Surety bond underwriting is a pre-approval evaluation – performed by the surety – of the bond performance requirements as determined by the obligee. This evaluation also assesses the current financial situation of the principal in order to weigh up the risk related to the performance criteria and the principal's ability to reimburse the surety in the event of a claim occurring.

What Are the Stages of the Surety Underwriting Process?

The process starts with the principal applying for a surety bond through a surety bond broker or surety company. Upon application, the principal provides information to the surety regarding their business and financial history. Once this is received the surety performs a more detailed evaluation of the information provided. The surety then provides the principal with a quote for a surety bond premium, based on the risk level determined by the underwriters.

The principal has three options at this point. They can accept the quote and buy the surety bond, shop around for another quote or work with the surety to find ways of making their premium more affordable

What Are the Three Cs of the Surety Underwriting Process?

The three Cs of surety underwriting are capital, capacity and character. Capital relates to the applicant’s capital position and the assessment of the financial health of the company or individual applying for surety credit. Many bonds require an underwriter to perform a financial analysis to assess net worth, capital and the company’s trajectory. The applicant’s capacity to undertake and perform the contract is a vital part of the underwriting process, too. To this end, underwriters collect questionnaires, check previous work references, review the applicant’s business operations, get to know their processes and meet with the applicant themselves.

Finally, character. While this element can be very difficult to underwrite, there are tools that can be deployed, such as credit checks, to get a better idea of whether the potential principal is likely – or otherwise - to honour the obligations set out in a bonded contract.

Underwriting a Riskier Surety Bond

Experts in the fields of surety, such as Rob Tolley, former London broker, know that there are various ways an underwriter can approve even a riskier bond by minimising the risk to the surety. For example, additional capital may be required to approve it; this could range from a small percentage of the bond amount up to 100%. This collateral minimises the surety’s risk, as if a bond claim occurs that cannot be indemnified the surety has something to cover – or at least reduce – their loss.

[poorly-drawn-mdzs]

I know those eyes.

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[paintedcrows]

Some Fords! (and Martin K Blackwood is also there)

[buttercupshands]

Halloween Siffrin!! A vampire one too!!

My mind started thinking about isat while listening to hi3 7.0 trailer and so this idea stuck until I was home

Timelapse under the cut

I was struggling to choose if I'll add music or not, but too tired to re-edit you get the music version, it's ISAT OST music by Studio Thumpy Puppy Floor 2 to be specific

[child-of-the-danube]

Nandermo this, Nandermo that and I agree but I have way bigger beef with how S6 treated Laszlo and Nadja.

5 seasons of them being madly in love with eachother, 5 seasons of witnessing that they're truly soulmates, that they really aren't just spouses or eachother's best fuck buddy, but best friends too, just to do what then? Have them fight for half the season, making us think something was gonna happen to one of them given how keen Laszlo was on making the Cravensworth's monster and not even a singular fucking kiss in 6 season. Not even a quick smooch between them but 2 tounging down scenes of Nadja and Colin?????

AAAAAAAAAAAAAAAA Ladja, I am so sorry, you deserved so much better!!!

[polyporethewicked]

My take on false son! (Very, very WIP)

I thought his design was insanely good conceptually, but missed a lot of potential in the personality it could convey. I wanted to really get across how his body is a dilapidated statue.

[shorthaltsjester]

Imogen Temult, Exaltant Hope of the Red Storm

Heroes and Monsters by Penny & Sparrow // Critical Role Campaign 3

[taraxippos]

Would kill to read animal POV fiction that has the animal POV’s interaction with humans be like, semi realistic to the level of caution most predators take with large prey and/or competitors (including humans).

Like instead of the usual - “the human is such a weak, pathetic creature... so slow, no claws, blunt teeth… completely helpless without its 'Fire Sticks'. how is it the master of the earth?” type crap it’s like, the bear protagonist or whatever approaches some dude who spreads their arms and yells and the bear is like “FUUUUUUUUCK THAT THING JUST GOT HUGE. IT'S LARGE AND MAKING NOISES. HOLY FUCK.”

[n1ghteeea]

Movie Ghostbusters: deem Egon crazy after his suspicion about Gozer’s return, completely abandon and let him die alone

The Real Ghostbusters:

[lefaystrent]

Say 'opt' five times in a row. It makes your mouth bounce with horse hooves.

[anarkhebringer]

Yeah

[sleepyminty]

Burn team is so funni

Who would’ve thought that between an small olympic boxer champion and a gangster biker gang, it was the mentally unstable viennese opera singer that they should be wary of

[vaguely-concerned]

walking through lucanis' mind prison. the tam lin of it all

[shitty-naruto-art-prompts]

Hi! I'm Moody and I'm taking Naruto art requests! Feel free to send your asks!

[kuroo-hitsuji]

The Dark Santa Mammon card... Unrealistic (/hj). I'm gonna be so real, as soon as I knew his ass wasn't possessed or cursed or something I would be eating that shit uP--

Mammon can be pushy. As a treat. On account of the whole being a huge sub literally 90% of the time thing shxhjsgdhzhx Very rarely Trying to be dominant gets you free Dom For The Day tickets in my book and Mammon has a surplus--

[themself]

like no you're not under any obligation to say what activism you're doing online but if you think what you're doing is dangerous enough that you don't even vaguely want to suggest the general direction of the actions you advocate for maybe don't tell people that boycotting protesting and demonstrations are all useless and then refuse to say what people should do or what you do.

and you definitely shouldn't use the "tch I shouldn't have to tell you" excuse if you literally aren't doing anything at all. because I know the people online who say "stop protesting, go directly murder a politician" sure aren't doing those murders.