Personal Stop Loss

Personal Stop Loss

Personal Stop Loss (PSL) is a type of insurance policy which limits the losses of Names at Lloyd's of London, all of whom did (and some of whom still do) underwrite with unlimited liability. Provided that the PSL responds to the claims made on it, the unlimited liability thereby becomes to some extent limited.

PSL policies are not always available at all. Some are available as "mutuals" and, in the event that the market suffers large losses, may be unable to respond to any great extent.


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Stop Predatory Gambling Foundation — is a 501(c)3 not for profit educational organization based in Washington, D.C. The organization has affiliates in most states across the country. Stop Predatory Gambling s main objective is to highlight predatory gambling as a failed public… …   Wikipedia

  • Personal rapid transit — ation concept that offers on demand, non stop transportation, using small, independent vehicles on a network of specially built guideways. Several different designs have been proposed, and as of 2008, at least one is under… …   Wikipedia

  • Fried Green Tomatoes at the Whistle Stop Cafe — Infobox Book name = Fried Green Tomatoes at the Whistle Stop Cafe title orig = translator = image caption = First edition cover author = Fannie Flagg country = United States language = English subject = genre = Fiction publisher = Random House… …   Wikipedia

  • Deus Impeditio Esuritori Nullus (No God Can Stop a Hungry Man) — Antony embraces Cleopatra Season 2 (2007) Episode 21 Air date(s) March 18, 2007 (HBO) 18 July 2007 ( …   Wikipedia

  • Death Without Denial Grief Without Apology: A Guide for Facing Death and Loss — Death Without Denial Grief Without Apology   …   Wikipedia

  • PSL — may refer to:In science and technology: *Percentage of the speed of light *Process Specification Language *Productora de Software LtdaIn mathematics: *Projective Special Linear groupIn society: *Partido Social Liberal, Brazilian political party… …   Wikipedia

  • Sir Michael Bunbury, 13th Baronet — Sir Michael William Bunbury, 13th Baronet KCVO, DL (born 29 December 1946) is a British businessman. Business life Sometime Chairman of the Council of the Duchy of Lancaster (became a member 1993; retired as Chairman and member of Council on 31… …   Wikipedia

  • Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …   Wikipedia

  • Conscription in the United States — Young men registering for conscription during World War I, New York City, June 5, 1917. The Draft redirects here. For other uses, see Draft (disambiguation) …   Wikipedia

  • Ryan Phillippe — Phillippe at the 2011 Tribeca Film Festival Born Matthew Ryan Phillippe September 10, 1974 (1974 09 10) (ag …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”