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Definition of underwriter
Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of underwriter is as below...
Underwriter
(n.) One who
underwrites
his name to the
conditions
of an
insurance
policy,
especially
of a
marine
policy;
an
insurer..
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Premium
::
Premium
(n.) A sum of money paid to
underwriters
for
insurance,
or for
undertaking
to
indemnify
for
losses
of any
kind..
Assurer
::
Assurer
(n.) One who
assures.
Specifically:
One who
insures
against
loss; an
insurer
or
underwriter.
Underwriter
::
Underwriter
(n.) One who
underwrites
his name to the
conditions
of an
insurance
policy,
especially
of a
marine
policy;
an
insurer..
Deviation
::
Deviation
(n.) The
voluntary
and
unnecessary
departure
of a ship from, or delay in, the
regular
and usual
course
of the
specific
voyage
insured,
thus
releasing
the
underwriters
from their
responsibility..
Underwriting
::
Underwriting
(n.) The
business
of an
underwriter,.
Abandon
::
Abandon
(v. t.) To
relinquish
all claim to; -- used when an
insured
person
gives up to
underwriters
all claim to the
property
covered
by a
policy,
which may
remain
after loss or
damage
by a peril
insured
against..
Insurancer
::
Insurancer
(n.) One who
effects
insurance;
an
insurer;
an
underwriter.
Lloyd''s
::
Lloyd's
(n.) An
association
of
underwriters
and
others
in
London,
for the
collection
and
diffusion
of
marine
intelligence,
the
insurance,
classification,
registration,
and
certifying
of
vessels,
and the
transaction
of
business
of
various
kinds
connected
with
shipping..
Insurer
::
Insurer
(n.) One who, or that
which,
insures;
the
person
or
company
that
contracts
to
indemnify
losses
for a
premium;
an
underwriter..
Abandonment
::
Abandonment
(n.) The
relinquishment
by the
insured
to the
underwriters
of what may
remain
of the
property
insured
after a loss or
damage
by a peril
insured
against.
Lloyd''s
::
Lloyd's
(n.) A part of the Royal
Exchange,
in
London,
appropriated
to the use of
underwriters
and
insurance
brokers;
--
called
also
Lloyd's
Rooms..
A 1
::
A 1 () A
registry
mark given by
underwriters
(as at
Lloyd's)
to ships in
first-class
condition.
Inferior
grades
are
indicated
by A 2 and A 3.
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