International Journal of Reviews and Research in Social Sciences
Open Access
  • Year: 2014
  • Volume: 2
  • Issue: 1

Underwriters and Assurance

  • Author:
  • S. Shubhang
  • Total Page Count: 5
  • Page Number: 38 to 42

Semester-VI, Hidayatullah National Law University, Near Abhanpur, Uperwara Post, Raipur

Online Published on 29 March, 2024.

Abstract

Underwriting refers to the process that a large financial service provider (bank, insurer, investment house) uses to assess the eligibility of a customer to receive their products (equity capital, insurance, mortgage, or credit). The name derives from the Lloyd's of London insurance market.