Assurer

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Assurer

A chiefly British term for insurer.
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The factors include the existence of a statement title; the existence of the name and location of the assurer; a statement of the manager's versus the assurer's reporting responsibilities; a statement of assurer independence; a statement regarding the scope of the engagement; a stated objective of the engagement; stated competencies of the assurer; the assurance standard used; a summary of the work performed; a reference to materiality; and a general conclusion or opinion.
Assurers and all in the supply chain need to question whether they are as transparent as commercially sensible.
Mid-tier Life assurer, Capital Alliance Holdings, surprised the market on the upside today by turning in headline earnings 40% higher than the previous year for the six months ended in September.
The group, which along with other life assurers has suffered from two and a half years of falling stock markets, said it was launching the rights issue to give it increased scale and financial flexibility.