Synopsis Underwriting in insurance is the process according to which an insurance company decides to grant the insurance request or not, according to the risk potential. This is contained in Volume I of this four-part series on insurance underwriting. Volume II highlights the role of the underwriter and his skills and expertise in assessing risks and the cost of insurance including automobile, fire, health, liability, life, property, etc. Volume III deals with the application of underwriting and some specific aspects. This book is important to create an awareness of this field. Volume IV deals with those aspects of underwriting that pertain to its perils, implementation, budgetary controls and the emerging trends.