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.
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.