Loss Occurrence. The words Loss Occurrence shall mean all individual losses arising out of and directly occasioned by one catastrophe. However, the duration and extent of any Loss Occurrence so defined shall be limited to:
Appears in 2 contracts
Sources: Umbrella Property Catastrophe Excess of Loss Reinsurance Agreement (Flagstone Reinsurance Holdings LTD), Residential Property Catastrophe Excess of Loss Reinsurance Agreement (Flagstone Reinsurance Holdings LTD)