LIMIT AND RETENTION Sample Clauses

LIMIT AND RETENTION. A. Under this Exhibit the Subscribing Reinsurer shall be liable for the Ultimate Net Loss in excess of $200,000,000 each Loss Occurrence (regardless of the number of policies under which such loss is payable or the number of different interests insured) subject to a limit of $100,000,000 each Loss Occurrence. The maximum contribution to the Ultimate Net Loss shall be limited to a maximum per life recovery of $10,000,000 (discounted to net present value in accordance with the provisions of the Commutation Article).
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LIMIT AND RETENTION. The Retrocessionaires shall be liable in respect of each and every loss occurrence over and above an initial Ultimate Net Loss of $50,000,000 each and every loss each and every loss occurrence, subject to a limit of liability to the Retrocessionaires of $40,000,000 Ultimate Net Loss each and every loss or series of losses arising our of one loss occurrence. Nevertheless, the limit of liability to Retrocessionaires for all occurrences arising under this Agreement shall be limited to $80,000,000.
LIMIT AND RETENTION. A. The limits and retentions provided under this Contract are as set forth in the Exhibits A., B. and C. attached hereto and made a part of this Contract.
LIMIT AND RETENTION. A. No claim shall be made in any one Loss Occurrence unless at least two risks insured or reinsured by the Company are involved in such loss occurrence. For purposes hereof, the Company shall be the sole judge of what constitutes one risk.
LIMIT AND RETENTION. Reinsurers shall not be liable for any loss hereunder until the Company’s Ultimate Net Loss exceeds $10,000,000 each Loss Occurrence and then Reinsurers shall be liable for the amount of Ultimate Net Loss in excess of $10,000,000 with a limit of liability to Reinsurers of $15,000,000 Ultimate Net Loss each Loss Occurrence.
LIMIT AND RETENTION. A. The Company shall retain for its own account and pay under one or more of the Company's policies the first $10,000,000 ultimate net loss, each and every claim made for indemnity only during the term of this Agreement and the Reinsurer agrees to reimburse the Company for the amount of ultimate net loss paid in excess of $10,000,000, each and every claim made for indemnity only during the term of this Agreement, but the Reinsurer's maximum liability shall not exceed 100% of $40,000,000 resulting from each and every claim made for indemnity only during the term of this Agreement.
LIMIT AND RETENTION. A. The limits and retentions provided under this Agreement are as set forth in Exhibits A and B attached hereto and made a part of this Agreement.
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LIMIT AND RETENTION. A. The Company shall retain the first $5,000,000 of Ultimate Net Loss as respects any one Loss Occurrence. The Subscribing Reinsurer shall then be liable for the amount by which the Ultimate Net Loss exceeds the Company’s retention of $5,000,000 but the Subscribing Reinsurer shall never exceed $5,000,000 any one Loss Occurrence.
LIMIT AND RETENTION. A. The limits and retentions provided under this Agreement are set forth in the following Parts I, II and III: Part I — First Excess of Loss (Accounting Code No. TC1573A) The Company shall retain the first $2,000,000 of Ultimate Net Loss as respects any one Loss Occurrence. The Reinsurer shall then be liable for the amount by which the Company’s Ultimate Net Loss exceeds the Company’s retention of $2,000,000, but the liability of the Reinsurer shall never exceed $3,000,000 with respect to any one Loss Occurrence. However, in no event shall the liability of the Reinsurer arising out of Act(s) of Terrorism exceed $3,000,000 during the term of this Agreement.
LIMIT AND RETENTION. Section A - Property: --------- -------------------- $500,000 each and every loss, each and every risk, in excess of $500,000 each and every loss, each and every risk, subject to an occurrence limitation of $1,000,000.
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