en

underwriting liabilities

1

Terminological databases

EKI terminibaas Esterm

ID 713745 Last modified 30.12.2004
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Domain general aspects of the subject field
  • underwrite - to insure or assume the risks of insurance
lepingulised kohustused preferred
Usage examples
  • Kindlustusandjal peavad kindlustuslepingutest tulenevate kohustuste jätkuva täitmise tagamiseks olema pidevalt piisava suuruse ja struktuuriga omavahendid.
underwriting liabilities
Usage examples
  • The supervisory authority of the Member State in whose territory the head office of an undertaking is situated shall verify that its balance sheet shows in respect of the technical reserves assets equivalent to the underwriting liabilities assumed in all the countries where it undertakes business.
  • All Names supporting trading Lloyd's syndicates must pass an annual solvency test, acceptable to the UK government's Department of Trade and Industry, to ensure that they have sufficient eligible assets to cover their underwriting liabilities.

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