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Underwriter   /ˈəndərrˌaɪtər/   Listen
Underwriter

noun
1.
A banker who deals chiefly in underwriting new securities.  Synonym: investment banker.
2.
An agent who sells insurance.  Synonyms: general agent, insurance agent, insurance broker.
3.
A financial institution that sells insurance.  Synonyms: insurance company, insurance firm, insurance underwriter, insurer.



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"Underwriter" Quotes from Famous Books



... cynical, and old Jolyon both feared and disliked cynicism), and a girl called Holly, born since the marriage. Who could tell what his son's circumstances really were? He had capitalized the income he had inherited from his mother's father and joined Lloyd's as an underwriter; he painted pictures, too—water-colours. Old Jolyon knew this, for he had surreptitiously bought them from time to time, after chancing to see his son's name signed at the bottom of a representation of the river Thames in a dealer's window. He thought them bad, and did not hang them ...
— Forsyte Saga • John Galsworthy

... the Bristol merchants. "He had the good fortune at one time to win a considerable prize in the lottery, and often looked in at the insurance offices, where he sometimes received premiums as an underwriter of ships and cargoes." In consequence, he obtained much patronage, and always inserted at the head of the playbills of his benefit, "By desire ...
— A Book of the Play - Studies and Illustrations of Histrionic Story, Life, and Character • Dutton Cook

... Edmunds, Judge Davis, Judge Thurman and Mr. Bayard. I took up the question with a strong leaning for the insurance companies. I was, of course, impressed by the well-known principle of law that the underwriter who had paid for property destroyed by the cause against which he had insured, was entitled to be substituted to all other rights or remedies which the owner may have for reimbursement of his loss. I was very ...
— Autobiography of Seventy Years, Vol. 1-2 • George Hoar

... government the guarantor of farm prices and the underwriter of excess farm production without limit—a course which would bankrupt the strongest government in the world in ...
— Complete State of the Union Addresses from 1790 to the Present • Various

... owner of the contributing interest, ship, goods or freight. But in practice the contributions are paid by the insurers of the several interests. Merchants seldom have to concern themselves with the subject. And yet in an ordinary policy of insurance there is no express provision requiring the underwriter to indemnify the assured against this liability. The policy commonly contains clauses which recognize such an obligation, e.g. a warranty against average "unless general," or an agreement that G.A. shall be payable "as per foreign statement," or "according to ...
— Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 1 - "Austria, Lower" to "Bacon" • Various



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