Joint underwriting definition

Joint underwriting means a voluntary arrangement established on an ad hoc basis to provide insurance coverage for a commercial risk pursuant to which two or more insurers jointly contract with the insured at a price and under policy terms agreed upon between the insurers.
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Joint underwriting means a voluntary arrangement established to provide insurance coverage for a risk pursuant to which two or more insurers jointly contract with the insured at a price and under policy terms agreed upon between the insurers;
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Joint underwriting means a voluntary arrangement established to provide
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Examples of Joint underwriting in a sentence

  • If the commissioner finds such insurer or rating organization to be in violation of this subsection the commissioner may issue an order requiring the discontinuance of such violation.[C50, 54, 58, 62, §515A.10, 515B.10; C66, 71, 73, 75, 77, 79, 81, §515A.10]2006 Acts, ch 1117, §71Referred to in §515A.12 515A.11 Joint underwriting or joint reinsurance.

  • Joint underwriting, joint reinsurance pools and residual market mechanisms are not considered to be advisory organizations.[PL 2003, c.

  • Joint underwriting, joint reinsurance pool and residual market activities1.

  • Joint underwriting, joint reinsurance pools, and residual market mechanisms shall not be deemed advisory organizations.

  • Joint underwriting" means a voluntary arrangement established to provide insurance coverage for a commercial risk pursuant to which two or more insurers jointly contract with the insured at a price and under policy terms agreed upon between the insurers.

  • This was due to legal framework for captive registration and taxation had not yet been established.172 Joint underwriting associations (JUAs) could be created to alleviate the lack of availability and affordability for state mandated cannabis-related commercial insurance coverage.

  • If the commissioner finds such insurer or rating organization to be in violation of this subsection the commissioner may issue an order requiring the discontinuance of such violation.[C50, 54, 58, 62, § 515A.10, 515B.10; C66, 71, 73, 75, 77, 79, 81, § 515A.10] 2006 Acts, ch 1117, §71 515A.11 Joint underwriting or joint reinsurance.

  • If the commissioner finds such insurer or rating organization to be in violation of this subsection the commissioner may issue an order requiring the discontinuance of such violation.[C50, 54, 58, 62, §515A.10, 515B.10; C66, 71, 73, 75, 77, 79, 81, §515A.10]2006 Acts, ch 1117, §71 515A.11 Joint underwriting or joint reinsurance.

  • Joint underwriting, pools and residual market mechanisms shall not be deemed advisory organizations.

  • Joint underwriting pool means an ongoing voluntary arrangement pursuant to which two or more insurers participate in the sharing of risks written as their direct obligations according to a predetermined basis and the insurance remains the direct obligation of the pool participants.


More Definitions of Joint underwriting

Joint underwriting means an arrangement established to provide insurance coverage for a risk, pursuant to which two (2) or more insurers contract with the insured for a price and policy terms agreed upon between or among the insurers;
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Joint underwriting means a voluntary arrangement
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Joint underwriting means a voluntary arrangement established on an individual-risk basis by which two
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Joint underwriting means a voluntary arrangement established to provide insurance coverage for a risk pursuant to
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Joint underwriting means an arrangement established to provide insurance coverage for a risk, pursuant to which two
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Related to Joint underwriting

  • Underwriting (the "Directed Share Program"). The Shares to be sold by Xxxxxx Xxxxxxx pursuant to the Directed Share Program (the "Directed Shares") will be sold by Xxxxxx Xxxxxxx pursuant to this Agreement at the public offering price. Any Directed Shares not orally confirmed for purchase by any Participants by the end of the first business day after the date on which this Agreement is executed will be offered to the public by Xxxxxx Xxxxxxx as set forth in the Prospectus.

  • Underwriting Agreement means the underwriting agreement, dated as of _________, 2024, among the Company and Xxxxx-Xxxxxx Capital Group LLC as representative of the underwriters named therein, as amended, modified or supplemented from time to time in accordance with its terms.

  • Participating Underwriter means any of the original underwriters of the Bonds required to comply with the Rule in connection with offering of the Bonds.

  • Underwriter means a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part of such dealer’s market-making activities.