UNDERWRITER , one who insures
See also:ships and their cargoes from loss and damage, so called from his writing his name under the document or policy of
See also:insurance . A
See also:request to an under-writer to insure is termed the offering of a "
See also:risk," and the word risk in marine insurance is
See also:equivalent to the liability of an underwriter under a contract . When the risk is divided up among several underwriters, each signs his name individually, putting opposite thereto the amount for which he accepts liability . Each signature has the effect of making a
See also:separate contract, in the terms of the policy, for the amount set opposite the name of the underwriter .
UNDER THE UNITED
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