The Insurance Syndicate as Distinguished from the Corporate Insurer The notion of insurance syndicate as a process for supplying indemnity was first codified in Lex Rhodia and is still used today as shipping's Law of General Average. Insurance contracts (contracts of indemnity) processed under the syndicate form of business organization date to the Hammurabi Code. Syndicated loans are loans underwritten by a bank syndicate and are more common in the US, where financial markets are in corporate ownership rather than private equity markets as in Europe or South America. In finance, a bank syndicate, often referred to simply as a syndicate, is a group of banks lending a usually large amount of money for a specific purpose and to one single borrower. Some headquarters and other premises of these syndicate cartels have remained up to the present via their monument status as historical buildings. This in trend stabilized these combinations. The organizational merger of the sales departments of the individual enterprises caused an increased dependence of the cartel member on the cartel administration. Such combinations were widespread before the Second World War. They may be syndicated nationally or internationally.ДЄ sales syndicate is a cartel with a joint sales agency. In such cases, they share a certain type of market, like brand management or search engine optimization, and usually form a Conglomerate Syndicate. Internet companies and corporations, focusing on various Internet ventures, tend to form syndicates within their own group, with direct competitors involved. Larger companies or corporations form syndicates to strengthen their position in the market. They offer reprint rights and grant permissions to other parties for republishing content of which they own/represent copyrights.ДЄ group formed of several business entities, like companies or corporations, which share common interests in a market but usually are not direct competitors. Print syndication distributes news articles, columns, comic strips, and other features to newspapers, magazines and websites. A news ticker, residing in the lower third of the television screen image, usually shows syndicated news stories. For example, BBC Radio International is a radio syndicated business.

In media, syndicates are organizations by name and credit. Main articles: Broadcast syndication and Print syndication It may refer to a business concern that sells materials for publication (newspaper, radio, TV, internet) in a number of outlets simultaneously, or a group of newspapers under one management. It may mean an association of racketeers in organized crime. This may be a council or body or association of people or an association of concerns, officially authorized to undertake a duty or negotiate business with an office or jurisdiction. The Merriam Webster Dictionary defines syndicate as a group of people or businesses that work together as a team. The word syndicate comes from the French word syndicat which means ' trade union' ( syndic meaning 'administrator'), from the Latin word syndicus which in turn comes from the Greek word ПѓПЌОЅОґО№ОєОїП‚ ( syndikos), which means 'caretaker of an issue' compare to ombudsman or representative. 9.4 Unregulated governmental and industrial insurance syndicates.9.3 The US-based Insurance Exchange Model.

9.2 The UK-based Lloyd's of London Insurance Exchange Model.9.1 The Insurance Syndicate as Distinguished from the Corporate Insurer.

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