Sentence Examples with the word underwriter

And yet in an ordinary policy of insurance there is no express provision requiring the underwriter to indemnify the assured against this liability.

Another view is that the underwriter impliedly undertakes to repay sums which the law may require the assured to pay towards averting losses which would, by the contract, fall upon the underwriter.

Like a mob of young collegians, they are full of fight, fun, and wickedness, tumbling round the world at such a reckless, rollicking rate, that no prudent underwriter would insure them any more than he would a riotous lad at Yale or Harvard.