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No association of underwriters, authorized to do business in this Commonwealth under the terms hereof, shall expose themselves to loss on any one risk to an amount in excess of one-fifth of their cash and invested assets, including therein the underwriting liability of the individual underwriters, unless any excess shall be promptly reinsured by said underwriters.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 40 P.S. Insurance § 940. Maximum amounts of risks - last updated January 01, 2019 | https://codes.findlaw.com/pa/title-40-ps-insurance/pa-st-sect-40-940/
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