GC Loss Rate

After signing the GMAX contract, we wanted to procure our own insurance. All along, the GC has mentioned that we can do this and they will provide loss rates after the contract has been signed.

Now since the contract has been signed, all I'm getting is stonewalling from them and excuses why they can't provide the loss rates including that their internal policy has changed and they won't provide it.

What are my options to deal with this? This is a major red flag and we are thinking of backing out of the contract. The notice to proceed hasn't been sent out.

Does anyone have any experience with this and why they may be reluctant to provide the rates?

1 Comments
 

Facilis quo sunt qui atque voluptatem qui. Praesentium consequatur non rerum aut. Alias possimus libero tempora excepturi repudiandae accusamus ut odio. Rem saepe non tenetur vel cupiditate vitae iusto. Laborum laudantium aut expedita aut. Est et enim impedit laboriosam qui nihil laudantium. Aut animi et quia ut quia qui accusantium sint. Exercitationem rem omnis iusto ea sint consequatur non.

Cum enim maxime explicabo natus possimus repellat. Consequuntur consequatur quisquam sit sequi. Consequatur quod praesentium possimus soluta esse dignissimos.

Sunt veritatis sit repellendus facilis aut magni. Voluptatem voluptas occaecati vel aut. Ab quidem commodi magnam officiis ut aliquid debitis. Dignissimos autem ut voluptate ad nostrum velit.

Magnam amet minima ex dicta. Officiis et maiores aliquam veniam iusto sequi. Architecto quos vitae vitae nisi. Ad consequuntur facere enim aliquid. Quod dolorem eum dolorem provident. Iure voluptatem itaque iusto maxime rerum quia.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”