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underwriter
(redirected from Underwriting Firm)

   Also found in: Dictionary/thesaurus, Financial 0.01 sec.

underwriter n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite)


See also: guarantor, insurer, surety

UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer.
     2. By this act he places himself as to his responsibility, in the place of the insured. He may cause a re-insurance (q.v.) to be made for his benefit; and it is his duty to act with good faith, and, without quibbling, to pay all just demands against him for losses. Marsh. Ins. 45,



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uk World Bank is planning to sell up to AUD35m of five-year Uridashi bonds in a sale which runs through May 27, 2010 Dow Jones has reported, citing an official at underwriting firm SMBC Friend Securities.
Mortgage bankers and loan correspondents represent the highest percentage of defendants (32 percent) but defendants also include mortgage brokers, lenders, appraisers, title companies, home builders, servicers, issuers, underwriting firms, bond insurers, money managers, public accounting firms, and company directors and officers, among others.
The bank did not use a placement or underwriting firm to raise the money, although Avondale Partners was engaged for administrative services.
 
 
 
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