English definition of Underwriter

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Definition of underwriter

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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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Underwriter :: Underwriter (n.) One who underwrites his name to the conditions of an insurance policy, especially of a marine policy; an insurer..

Assurer :: Assurer (n.) One who assures. Specifically: One who insures against loss; an insurer or underwriter.

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.

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..

Underwriting :: Underwriting (n.) The business of an underwriter,.

Insurer :: Insurer (n.) One who, or that which, insures; the person or company that contracts to indemnify losses for a premium; an underwriter..

Insurancer :: Insurancer (n.) One who effects insurance; an insurer; an underwriter.

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..

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..

Premium :: Premium (n.) A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind..

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..