Other Reinsurance. A. The Company shall maintain in force or shall be deemed to have maintained in force $1,112,500 excess of $500,000 as respects any one risk, each loss (subject to a $6,675,000 aggregate limit) per risk treaty reinsurance, recoveries under which shall inure to the benefit of this Contract, for policies:
Appears in 3 contracts
Samples: Residential Property Quota Share (Homeowners of America Holding Corp), Residential Quota Share (Homeowners of America Holding Corp), Homeowners of America Holding Corp
Other Reinsurance. A. The Company shall maintain in force or shall be deemed to have maintained in force $1,112,500 excess of $500,000 as respects any one risk, each loss (subject to a $6,675,000 12,237,500 aggregate limit) per risk treaty reinsurance, recoveries under which shall inure to the benefit of this Contract, for policies:
Appears in 2 contracts
Samples: Interests and Liabilities Agreement (Homeowners of America Holding Corp), Homeowners of America Holding Corp
Other Reinsurance. A. The Company shall maintain in force or shall be deemed to have maintained in force $1,112,500 excess of $500,000 as respects any one risk, each loss (subject to a $6,675,000 12,237,500 aggregate limit) per risk treaty reinsurance, recoveries under which shall inure to the benefit of this Contract, for policies covering risks with a total insured value greater than $500,000 (property coverages only, including Personal Property coverage and Extensions of Coverage as defined in the Company's policies:), subject to the exclusions of such per risk treaty.
Appears in 2 contracts
Samples: Homeowners of America Holding Corp, Homeowners of America Holding Corp
Other Reinsurance. A. The Company shall maintain in force or shall be deemed to have maintained in force $1,112,500 excess of $500,000 as respects any one risk, each loss (subject to a $6,675,000 3,337,500 aggregate limit) per risk treaty reinsurance, recoveries under which shall inure to the benefit of this Contract, for policies:
Appears in 2 contracts
Samples: Residential Property (Homeowners of America Holding Corp), Homeowners of America Holding Corp
Other Reinsurance. A. The Company shall maintain in force or shall be deemed to have maintained in force $1,112,500 excess of $500,000 as respects any one risk, each loss (subject to a $6,675,000 12,237,500 aggregate limit) per risk treaty reinsurance, recoveries under which shall inure to the benefit of this Contract, for policiescovering risks with a total insured value greater than $500,000 (property coverages only, including Personal Property coverage and Extensions of Coverage as defined in the Company's policies:), subject to the exclusions of such per risk treaty.
Appears in 1 contract
Samples: Homeowners of America Holding Corp