0 present participle of underwrite
1 the act of giving financial support for an activity, and for paying any costs if it fails:
The group announced a £50 million investment in insurance underwriting.
This included acquiring lands, underwriting railways, establishing factories, and building up trade and banking services.
This competitive, or 'soft', market results in less stringent underwriting and pricing, insurers start to lose money and the whole process starts again.
A third core chapter describes the major risks faced by providers, particularly life insurance companies underwriting annuities.
Of great interest is the detailed discussion of the potential market size for variable annuities, the distribution chain for the product, and underwriting techniques.
Should insurers be allowed to use genetic test results as part of the underwriting process?
Advances in genetic epidemiology, however, are necessary for the development of evidence-based underwriting in relation to insurance contracts involving genetic information, however defined.
All five knowledge structures were used in medical underwriting, with different sub-groups of participants using different structures more or less often.
The second part of the book explores four major aspects of the business of fire insurance, specifically company foundation, marketing, underwriting and investments.
