What does UW mean in Insurance?
This page is about the meanings of the acronym/abbreviation/shorthand UW in the Business field in general and in the Insurance terminology in particular.
Submitted by jpblixt on March 12, 2014
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Definition
What does UW mean?
- Underwriting
- Underwriting (UW) services are provided by some large financial institutions, such as banks, insurance companies and investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issues of security in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter.
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"UW." Abbreviations.com. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.abbreviations.com/term/1476450>.
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