Common use of LOSS CORRIDOR Clause in Contracts

LOSS CORRIDOR. As respects Policies with effective or renewal dates during the Contract Year, the Company shall retain, under this Contract and the Companion Contract, 100% of Losses Incurred above a Loss Ratio of 71.5%. The Company will remain liable for such Losses Incurred unless the Losses Incurred exceeds a Loss Ratio of 93.0%, at which point the Reinsurer's liability will resume (based on its pro rata share) for any Losses Incurred in excess of an 93.0% Loss Ratio. Said additional retention is called the "Loss Corridor." The Loss Corridor is not subject to any effect from a deficit carryforward from prior Contract Years.

LOSS CORRIDOR. As respects Policies with effective or renewal dates during the each Contract Year, the Company shall retain, under this Contract and the Companion Contract, 100% of Losses Incurred above a Loss Ratio of 71.574%. The Company will remain liable for such Losses Incurred unless the Losses Incurred exceeds a Loss Ratio of 93.0exceeds 88%, at which point the Reinsurer's liability will resume (based on its pro rata share) for any Losses Incurred in excess of an 93.088% Loss Ratio. Said additional retention is called the "Loss Corridor." The Loss Corridor is not subject to any effect from a deficit carryforward from prior Contract Years.

LOSS CORRIDOR. As respects Policies with effective or renewal dates during the Contract Year, the Company shall retain, under this Contract and the Companion Contract, 100% of Losses Incurred above a Loss Ratio of 71.573.0%. The Company will remain liable for such Losses Incurred unless the Losses Incurred exceeds a Loss Ratio of 93.084.0%, at which point the Reinsurer's liability will resume (based on its pro rata share) for any Losses Incurred in excess of an 93.084.0% Loss Ratio. Said additional retention is called the "Loss Corridor." The Loss Corridor is not subject to any effect from a deficit carryforward from prior Contract Years.

LOSS CORRIDOR. As respects Policies with effective or renewal dates during the each Contract Year, the Company shall retain, under this Contract and the Companion Contract, 100% of Losses Incurred above a Loss Ratio of 71.581.5%. , The Company will remain liable for such Losses Incurred unless the Losses Incurred exceeds a Loss Ratio of 93.087.5%, at which point the Reinsurer's liability will resume (based on its pro rata share) for any Losses Incurred in excess of an 93.087.5% Loss Ratio. Said additional retention is called the "Loss Corridor." The Loss Corridor is not subject to any effect from a deficit carryforward from prior Contract Years.