AUTOMATIC REINSURANCE NOTICE PROCEDURE Clause Samples
The Automatic Reinsurance Notice Procedure clause outlines the process by which a ceding insurer must notify a reinsurer about risks that are automatically covered under a reinsurance agreement. Typically, this clause specifies the timing, format, and required information for such notices, ensuring that the reinsurer is promptly and adequately informed of new or renewed policies subject to automatic reinsurance. By establishing clear notification requirements, the clause helps prevent disputes over coverage and ensures both parties are aware of their obligations, thereby facilitating smooth administration of the reinsurance arrangement.
AUTOMATIC REINSURANCE NOTICE PROCEDURE. After the policy has been paid for and delivered, THE COMPANY will submit, or cause to be submitted, to THE REINSURER all relevant individual policy information, as defined in Schedule C.
AUTOMATIC REINSURANCE NOTICE PROCEDURE. After the policy has been paid for and delivered, the Ceding Company will submit all relevant individual policy information, as defined in Schedule C, in its next statement to the Reinsurer.
AUTOMATIC REINSURANCE NOTICE PROCEDURE. After the policy has been paid for and delivered, PRUCO will submit all relevant individual policy information, as defined in Schedule C, in its next statement to AUSA.
AUTOMATIC REINSURANCE NOTICE PROCEDURE. After the policy has been paid for and delivered, PRUCO OF NJ will submit all relevant individual policy information, as defined in Schedule C, in its next statement to SWISS RE.
AUTOMATIC REINSURANCE NOTICE PROCEDURE. After the policy has been paid for and delivered, FORTIS BENEFITS shall submit all relevant individual policy information, as defined in Schedule C, in its next statement to SECURITY.
AUTOMATIC REINSURANCE NOTICE PROCEDURE. After the policy has been paid for and delivered you shall include all relevant individual cession information in your next quarterly statement to us.
AUTOMATIC REINSURANCE NOTICE PROCEDURE. After the policy has been paid for and delivered, PRUCO will submit all relevant individual policy information, as defined in Schedule C, in its next statement to MUNICH.