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Underwrite - Law Dictionary Search Results

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interinsurer

interinsurer : an underwriter of reciprocal insurance

Insurance

security, wealth, and numbers, a large proportion of marine insurances is made at the risk of individuals called underwriters. The underwriters meet in a subscription room at Lloyd's, at the back of the Royal Exchange. The joint

pre-approval

loan amount based on a completed loan application, credit reports, debt, savings and has been reviewed by an underwriter. The commitment remains as long as the borrower still meets the qualification requirements at the time of purchase.

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Lloyd's

meet in Lloyd's Coffee House in the City of London. From these meetings arose the present association of underwriters, which is famous throughout the world as a centre of marine insurance. Shipping intelligence of all kinds is

third party origination

third party origination a process by which a lender uses another party to completely or partially originate, process, underwrite, close, fund, or package the mortgages it plans to deliver to the secondary mortgage market. Source: U.S. Department

insure

premium : give, take, or procure insurance on or for vi : to contract to give insurance : underwrite ;also : to procure or effect insurance

Adjustment of a loss

all allowances and deductions made, is entitled to receive under the policy, and fixing the proportion which each underwriter is liable to pay. See York-Antwerp Rules, 1890, (English) Marine Insurance Act, 1906 (6 Edw. 7, c. 41),

Restaur

Restaur, means the recourse that insurers (especially marine underwriters) have against each other according to the date of their insurance; the recourse that one has against a

Payable

arises. Thus the premium was not payable when the contract was made but 'on case basis to London underwriters within 90 days of attachment, Heath Lembert Ltd. v. Sociedad de Coretaje de Seguros, (2004) 1 WLR 2820.

Intermediary

share transfer agent, banker to an issue, trustee to a trust deed, registrar to an issue, merchant banker, underwriter, portfolio manager, investment adviser and any other intermediary associated with securities market and registered under s. 12 of

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