corner graphic   Hi,    
Finding the new version too difficult to understand? Go to

Bible Encyclopedias

1911 Encyclopedia Britannica


Resource Toolbox
Additional Links

One who insures ships and their cargoes from loss and damage, so called from his writing his name under the document or policy of insurance. A request to an underwriter to insure is termed the offering of a "risk," and the word risk in marine insurance is 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 separate contract, in the terms of the policy, for the amount set opposite the name of the underwriter. (See INSURANCE: Marine.)

Copyright Statement
These files are public domain.

Bibliography Information
Chisholm, Hugh, General Editor. Entry for 'Underwriter'. 1911 Encyclopedia Britanica. 1910.

Lectionary Calendar
Friday, February 28th, 2020
the Last Week after Epiphany
There are 44 days til Easter!
Search for…
Enter query in the box:
Choose a letter to browse:
A  B  C  D  E  F  G  H  I  J  K  L  M 
N  O  P  Q  R  S  T  U  V  W  Y  Z 

Prev Entry
Next Entry
To report dead links, typos, or html errors or suggestions about making these resources more useful use our convenient contact form
Powered by Lightspeed Technology