Common use of NET RETAINED LINES Clause in Contracts

NET RETAINED LINES. A. This Agreement applies only to that portion of any policy which the Company retains net for its own account (before giving effect to the Company’s retrocession to the participants in the Company Pool), and in calculating the amount of any loss hereunder and also in computing the amount or amounts in excess of which this Agreement attaches, only loss or losses in respect of that portion of any policy which the Company retains net for its own account (before giving effect to the Company’s retrocession to the participants in the Company Pool) shall be included.

Appears in 4 contracts

Samples: Reinsurance Agreement, Personal and Commercial Automobile Quota Share (National General Holdings Corp.), Personal and Commercial Automobile Quota Share (Amtrust Financial Services, Inc.)

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