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Write undersigned calculated

hello and welcome to your own channel let's talk business once again so here is our this week's knowledge capsule what is the difference between return and sign line now this is the second most common question asked by different people so in today's session i will try to make it crystal clear what is the difference between written line and the sign line so as always there is lot to know and lot to discuss so without waiting more let's start talking business i am ravishankar i'm having more than 16 years of experience as a business analysis i'm still learning largely associated with pnc general insurance domain from last four years practicing in lloyds of london or london insurance market if you have any questions related to this video presentation or my previous video presentations do reach me at my hotmail email id i'm also available on my linkedin and i'm also available on twitter so you can also reach me here so it's up to you where you want to reach me right so let's go ahead let's start talking business so here we will try to first understand the written line and then before reaching to the sign line we will also try to understand the important concept called signing down process and line to stand process and after understanding these two concept then finally we'll reach to the sign line okay i think this is the way we can able to understand the concept of written line and the sign line holistically right so let's go ahead let's talk about the first thing which is which is written line now as i said here the written line is the percentage of the risk the underwriter initially agreed to take which means that the risk percentage the underwriter rights on the mrc now in an open market business the broker present the risk individually to many syndicates by showing mrc the syndicate evaluate the risk and then write down the percentage of the risk the individuals indicates or a company is willing to accept this is just their willingness to take a portion of the risk you know not their actual subscription percentage the actual subscription percentage is called as sign line and we will come to it later okay not now we will come to it later the key point is the portion of the rest the syndicate are willing to accept now let's move ahead to the second point which is the signing down process what is signing down the signing down is the process where the broker does the necessary calculation to bring the total back to 100 but what does it really mean and the question is why the risk was over placed at the first place now for complex risk like oil rigs or nuclear reactor the brokers show mrcs to many syndicates and companies to obtain the right quotation for their client now the process takes a lot of time...