Reinsurance Limits Sample Clauses
The Reinsurance Limits clause defines the maximum amount of risk or liability that a reinsurer will assume under a reinsurance agreement. It typically specifies monetary caps or percentage limits on the coverage provided for individual claims, aggregate losses, or specific types of risks. For example, a reinsurer may only cover losses up to a certain dollar amount per event or per policy period. This clause is essential for managing the reinsurer's exposure and ensuring that both parties have a clear understanding of the boundaries of coverage, thereby preventing disputes and facilitating effective risk allocation.
Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C.
Reinsurance Limits. On each individual life, the Ceding Company shall retain the amounts of insurance as specified in Schedule B – Reinsurance Limits.
Reinsurance Limits. Minimum Initial Reinsurance Limit ceded to the Reinsurer: $5,000 Minimum Final Reinsurance Limit ceded to the Reinsurer: $1,000 Minimum Initial Facultative Reinsurance Limit: $250,000 (face amount) to age 70 $100,001 (face amount) over age 70
Reinsurance Limits. Minimum Initial Automatic Reinsurance Limit ceded to the Reinsurer: $0 Minimum Final Automatic Reinsurance Limit ceded to the Reinsurer: $0 Minimum Initial Facultative Reinsurance Limit: $0
Reinsurance Limits. Article 8
Reinsurance Limits. Article 8
8.1 Retention Limit Change 8.2 Recapture
Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C. A Reinsured Policy will no longer be reinsured when its reinsured Net Amount at Risk (as defined in Exhibit C-1) is less than the Minimum Final Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C. 1414848US-12 (11-01-2011) QT#04028US11 (COLI & B▇▇▇)
Reinsurance Limits. If the following conditions are met, reinsurance may be ceded automatically under this agreement in amounts not to exceed those specified in Schedule B.
Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit specified in Exhibit C. A Reinsured Policy will no longer be reinsured when its reinsured Net Amount at Risk (as defined in Exhibit C-1) is less than the Minimum Final Reinsurance Limit specified in Exhibit C. This Agreement will automatically terminate for new business if the gross first year reinsurance premium is less than the amount specified in the Dormant Agreement Termination Limit specified in Exhibit C. The Dormant Agreement Termination Limit will not include contractual increases arising from the terms of the inforce Reinsured Policy. The Reinsurer will provide the Company with notice of any Dormant Agreement Termination effective under this Article.
Reinsurance Limits. Minimum Initial Reinsurance Limit: $15,000 Minimum Final Reinsurance Limit: $ 0 Minimum Initial Facultative Reinsurance Limit: $1,000,000 For All Ages