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Uganda Insurers Association

Tel: 256-41-230469
Fax: 256-41-230469
Address:
24a Kololo Acacia Avenue
Kampala
Uganda
Postbox:
P O Box 8912
Kampala
Uganda
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From The Glossary »

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Limits, Standard:

A term applied to bodily injury and property damage insurance. A policy written with standard limits restricts the liability of the insurer to a specified amount. line In treaty reinsurance a line is equal to a ceding company’s retention. The capacity of a surplus treaty is normally described in terms of the number of lines it contains. The term is also loosely used to describe: _ a class of business, and _ an underwriter’s interest in a risk ...
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