Edvard Munch Biography Continues In 1889, Munch traveled to Paris on a state fellowship to study in the studio of Leon Bonnat. His painting Morning (1884) was included in the Norwegian pavilion of the Exposition Universelle of that same year.
DEFINITION of 'Underwriter'. A company or other entity that administers the public issuance and distribution of securities from a corporation or other issuing body.
DEFINITION of 'Underinsurance'. Inadequate insurance coverage by the holder of a policy. In the event of a claim, underinsurance may result in economic losses to the policy holder, since the claim would exceed the maximum amount that can be paid out by the insurance policy.