What is the definition of;

by Guest » Thu Jun 18, 2009 03:21 am
Guest

What is the definition of; "Guiding Principles" within insurance company guidlines?

Total Comments: 1

Posted: Thu Jun 18, 2009 09:15 am Post Subject:

hat is the definition of; "Guiding Principles" within insurance company guidlines?



Well, I'd hazard a guess...'guiding principle' is the policy which would determine how the loss would be shared by the insurance companies when the same set of losses are covered by multiple insurers.

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