What is the definition of;

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PostPosted: Thu Jun 18, 2009 3:21 am   Post subject: What is the definition of;  

What is the definition of; "Guiding Principles" within insurance company guidlines?
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PostPosted: Thu Jun 18, 2009 9:15 am   Post subject:   

Quote:
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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