MLchartDataset catalogue

Write

Term · Insurance and risk management · MLC-T-INS-003562

To underwrite and issue an insurance policy, thereby accepting the risk of a potential loss in exchange for a premium. An insurer or underwriter 'writes' a policy when they agree to provide coverage based on their assessment of the risk. This action commits the insurer to the terms and conditions of the contract.

Table 1. Record
IdentifierMLC-T-INS-003562
FieldInsurance and risk management
Record as JSON
{
  "id": "MLC-T-INS-003562",
  "term": "Write",
  "field": "Insurance and risk management",
  "definition": "To underwrite and issue an insurance policy, thereby accepting the risk of a potential loss in exchange for a premium. An insurer or underwriter 'writes' a policy when they agree to provide coverage based on their assessment of the risk. This action commits the insurer to the terms and conditions of the contract.",
  "url": "https://mlchart.com/terminology/insurance/write/"
}

Record 3,717 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.