The phrase "able to underwrite" is correct and usable in written English.
It can be used in contexts related to finance, insurance, or any situation where someone is providing support or backing for a project or investment.
Example: "The bank is able to underwrite the loan for the new business venture."
Alternatives: "capable of supporting" or "qualified to finance".
Insurance providers, whether governments or corporations, are less willing and able to underwrite risks and compensate policy holders.
For systems that aren't willing or able to underwrite the risk involved in creating their own insurance plan, the alternative is to negotiate contracts with existing insurers.
For the next five years the joint ventures will be able to underwrite but not trade securities.Neither firm has spelled out how much managerial control it will have in the new joint-venture operations.
Scott V Lockman, director of commercial insurance for insurance provider Clements Worldwide said: "Cyber-liability protection has been around for about a decade, but insurance companies have become better at identifying risks and are able to underwrite against those risks".
Such investors were able to underwrite the initial funds for a campaign through to 2017 that will cost around £80m, before corporate partners such as Land Rover came to the table.
"If you want to have a Scandinavian-type economy, first you need an economy in good working order to be able to underwrite all those social programs," said Aleksander Paszynski, Poland's Minister of Construction and Housing.
Not only did he start Innovative Biosensors by licensing the technology from MIT, but he was also able to efficiently underwrite the venture by taking advantage of government grants and an incubator in Maryland.
Mr. Forrester was able to pay for his primary campaign, but it is unclear whether he will be able or willing to underwrite a race against Mr. Torricelli, a Democrat who is expected to spend at least $15 million.
Yet Curtis was able to persuade him to underwrite "The North American Indian," promising that all 20 volumes could be completed in five years, for $75,000.
Drug development is extraordinarily expensive, and government and other non-commercial sources of research funding have generally not been able to or willing to underwrite the enormous sums necessary to develop and test the medications and devices that have made remarkable improvements in the lives of so many.
They failed to underwrite their own underwriters at AIG.
