What term describes a group of investors pooling resources to underwrite insurance risks?

The term that describes a group of investors pooling resources to underwrite insurance risks is "Syndicate." In the context of insurance, a syndicate typically consists of multiple insurers or reinsurers who collaborate to share the financial responsibility of underwriting a particular risk or set of risks. This collective approach allows syndicate members to spread their exposure and enhance their capacity to handle larger or more diverse insurance policies that an individual company may not manage alone.

Syndicates often operate in markets such as Lloyd's of London, where individual investors or companies join forces to take on the underwriting tasks. The pooling of resources in a syndicate can provide a safety net against significant losses and promotes collaboration among the members, facilitating risk-sharing and broader market participation.

In contrast, other options such as an "Insurance Consortium," "Reinsurance Pool," and "Investment Underwriters" imply different structures and functions within the insurance and financial sectors. While they also involve group participation in risk or resource management, they do not specifically represent the collaborative underwriting effort characterized by a syndicate.