Examples of Ceding Commission in a sentence

Ceding Commission: 35% of reinsurance premium ceded; no ceding commission for the MDU renters program policies Profit sharing Commission: 50% of the profit-sharing calculation, which is the plan losses less the sum of incurred losses and loss carryforward based on a 12-month period for each business segment.
Assumed Premium minus the applicable Ceding Commission shall be reported via the Bordereau Process to the Insurer within 15 days following the end of each month.
Ceding Commission equals $11 million to be credited to Golden State from IA American.
The Transferred Assets, valued as of the Effective Date, shall have a mutually agreed upon value in accordance with Section 3.3 equal to the aggregate of the reserves relating to the Policy Liabilities, valued as of the Effective Date, minus Ceding Commission.
The table below shows the ceding commissions earned on each reinsurance transaction on a GAAP accounting basis: Ceding Commission on Effective DateFor the Year Ended December 31, 2019 Reinsurer (1) Includes: acquisition and administrative expenses, commission expense allowance and product development fees.

More Definitions of Ceding Commission

Ceding Commission means the percentage initially as set forth on Schedule VII, as may be amended by mutual agreement of the parties from time to time.

Ceding Commission is defined in Section 4.2.

Ceding Commission means the twenty-two (22) percent commission that Insurer will pay to TWIA.

Ceding Commission means the portion of the Ceding Commission (as defined in the Master Transaction Agreement) allocable to the Reinsured Policies.

Ceding Commission has the meaning set forth in Section 3.3.

Ceding Commission means $329,000,000.

Ceding Commission shall have the meaning set forth in the Section 4.1 herein.