Common use of Coverage and Limits Clause in Contracts

Coverage and Limits. Subject to the Outstanding Limit, this Reinsurance Agreement requires that the Reinsurer indemnify the Ceding Insurer for Loss Payment Amounts. The Ceding Insurer cedes and the Reinsurer accepts all Loss Payment Amounts on the terms and conditions, and subject to the exceptions, exclusions and limitations set forth in this Reinsurance Agreement.

Appears in 3 contracts

Sources: Reinsurance Agreement (Slide Insurance Holdings, Inc.), Reinsurance Agreement (Slide Insurance Holdings, Inc.), Reinsurance Agreement (Slide Insurance Holdings, Inc.)