the act of undertaking to purchase at an agreed price any unsold portion of a public issue of shares etc
2.
the act of accepting financial responsibility for a commercial project or enterprise
3. insurance
the act of signing and issuing an insurance policy, thus accepting liability if specified losses occur
4. insurance
the act of insuring a property or risk
5. insurance
the act of accepting liability up to a specified amount in an insurance policy
underwriting in Insurance
(ʌndərraɪtɪŋ)
noun
(Insurance: Underwriting)
Underwriting is the acceptance of insurance business by an underwriter.
Underwriting on a high-risk applicant indicates that an extra premium is required to cover additionalrisks, such as smoking.
Underwriting is the process of selecting risks for insurance and determining in what amounts andon what terms the insurance company will accept the risk.
Underwriting is the acceptance of insurance business by an underwriter.
medical underwriting, underwrite, underwriter
Examples of 'underwriting' in a sentence
underwriting
Playing for time, I asked him how the underwriting had been handled.
Gagman, Maurice DOUBTFUL MOTIVES
All related terms of 'underwriting'
underwrite
If an institution or company underwrites an activity or underwrites the cost of it, they agree to provide any money that is needed to cover losses or buy special equipment , often for an agreed fee .
underwritten
to undertake to purchase at an agreed price any unsold portion of (a public issue of shares, etc)
underwrote
to undertake to purchase at an agreed price any unsold portion of (a public issue of shares, etc)
financial underwriting
Financial underwriting is the process of assessing whether the proposed sum insured and product are reasonable when considering the possible financial loss to the client .
medical underwriting
Medical underwriting is the use of medical or health status information in the evaluation of an applicant for life or health insurance .