COVER. A. The Company shall cede, and the Reinsurer shall accept as reinsurance, a quota share of all business reinsured hereunder. The Reinsurer shall pay to the Company the Reinsurer’s quota share of losses under the Policies, Loss Adjustment Expense, Extra Contractual Obligations, and Loss in Excess of Policy Limits covered under this Contract.
Appears in 8 contracts
Samples: Interests and Liabilities Agreement (Lemonade, Inc.), Interests and Liabilities Agreement (Lemonade, Inc.), Interests and Liabilities Agreement (Lemonade, Inc.)
COVER. A. The Company shall cede, and the Reinsurer shall accept as reinsurance, a quota share of maximum [***]% of all business reinsured hereunder. The Reinsurer shall pay to the Company the Reinsurer’s quota share of losses under the Policies, Loss Adjustment Expense, Extra Contractual Obligations, and Loss in Excess of Policy Limits covered under this Contract.
Appears in 3 contracts
Samples: Interests and Liabilities Agreement (Lemonade, Inc.), Lemonade, Inc., Lemonade, Inc.
COVER. A. The Company shall cede, and the Reinsurer shall accept as reinsurance, a quota share of maximum 100% of all business reinsured hereunder. The Reinsurer shall pay to the Company the Reinsurer’s quota share of losses under the Policies, Loss Adjustment Expense, Extra Contractual Obligations, and Loss in Excess of Policy Limits covered under this Contract.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Lemonade, Inc.)
