Common use of Ceding Commission Clause in Contracts

Ceding Commission. The Reinsurer will allow the Company a provisional ceding commission of 24.0% of the Net Earned Premium Income ceded hereunder. Return commission shall be allowed on return premiums at the same rate.

Appears in 2 contracts

Sources: Automobile Quota Share Reinsurance Agreement (Symons International Group Inc), Automobile Quota Share Reinsurance Agreement (Goran Capital Inc)

Ceding Commission. The Reinsurer will allow the Company a provisional ceding commission of 24.030.0% of the Net Earned Premium Income written premiums ceded hereunder. Return commission shall be allowed on return premiums at the same rate."

Appears in 2 contracts

Sources: Quota Share Retrocession Agreement (Hallmark Financial Services Inc), Quota Share Retrocession Agreement (Hallmark Financial Services Inc)

Ceding Commission. The Reinsurer will allow the Company a provisional ceding commission of 24.021.0% of the Net Earned Premium Income ceded hereunder. Return commission shall be allowed on return premiums at the same rate.

Appears in 1 contract

Sources: Automobile Quota Share Reinsurance Agreement (Goran Capital Inc)

Ceding Commission. The Reinsurer will allow the Company a provisional ceding commission of 24.030.0% of the Net Earned Premium Income written premiums ceded (including 75% of 50% of the Company's Policy fees) hereunder. Return commission shall be allowed on return premiums at the same rate.

Appears in 1 contract

Sources: Quota Share Retrocession Agreement (Hallmark Financial Services Inc)

Ceding Commission. A. The Reinsurer will allow the Company a provisional ceding commission of 24.027.50% of the Net Earned Premium Income written premiums ceded hereunder. Return commission shall be allowed on return premiums at the same rate. B. 1. The final ceding commission shall be determined by the loss experience under this Agreement for each period comprising three consecutive Agreement Years or lesser period should the Agreement be terminated prior to the end of a three Agreement Year period. There shag be provisional adjustments and a final adjustment for each period, all in accordance with the other paragraphs of this Article.

Appears in 1 contract

Sources: Private Passenger Automobile Quota Share Reinsurance Agreement (21st Century Holding Co)

Ceding Commission. The Reinsurer will allow the Company a provisional ceding commission of 24.041.0% of the Net Earned Premium Income ceded hereundernet written premium. Return commission shall be allowed on return premiums at the same rate.

Appears in 1 contract

Sources: Quota Share Retrocession Agreement (Hallmark Financial Services Inc)

Ceding Commission. The Reinsurer will shall allow the Company a provisional ceding commission of 24.028.0% of the Gross Net Earned Written Premium Income ceded hereunder. Return The Company shall allow the Reinsurer return commission shall be allowed on return premiums at the same rate.

Appears in 1 contract

Sources: Automobile Quota Share Reinsurance Contract (Affirmative Insurance Holdings Inc)