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What is the definition of;

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Posted: 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? _________________ Register Now to have your Insurance queries solved.

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Posted: 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.

simon

Senior member