UK: The amount of insurance the insurer has on a risk before deducting the amount reinsured. Net lines plus reinsurance equals gross lines.
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The amount of risk that an insurer or reinsurer is carrying before taking account of any applicable reinsurance that reduces that risk.
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The maximum amount an insurer will insure on a particular risk.
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The maximum limit an insurer or reinsurer is willing to accept before taking credit for reinsurance coverage. Such limits are usually expressed per insured, per line of business, and the like. See Net line.
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REINSURANCE: The total limit of liability accepted by an insurer on an individual risk (net line plus all reinsurance ceded).
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The total sum accepted by an insurer on an individual risk, including the amount to be reinsured.