REINSURED Sample Clauses

REINSURED. (you, your) -- A company which transfers all or part of the insurance it has written to another company.
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REINSURED. Other Insured Rider (OIR) Automatic Increasing Benefit Rider (AIBR) Base Insured Rider (BIR) Exchange of Insured Rider (EOI) o RIDER(S) NOT REINSURED Waiver of Monthly Deduction Rider Children's Insurance Rider Accidental Death Benefit Rider Accelerated Benefit Rider (the Ceding Company will treat any payments under the Accelerated Benefit Rider as a lien and recover reinsurance upon death of the insured) o AGE BASIS ALB o PREMIUM PAYMENT MODE Annually in advance
REINSURED. HOME STATE INSURANCE GROUP --------- NEW YORK MERCHANT BAKERS INSURANCE COMPANY Binghamton, New York HOME MUTUAL INSURANCE COMPANY OF BINGHAMTON, NEW YORK Binghamton, New York QUAKER CITY INSURANCE COMPANY Trevose, Pennsylvania PINNACLE INSURANCE COMPANY Carrollton, Georgia WESTBROOK INSURANCE COMPANY Wallingfxxx, Xxxxecticut HOME STATE INSURANCE COMPANY Red Bank, New Jersey (hereinafter referred to as the "Company") PERIOD: Continuous from 12:01 a.m., Eastern Standard Time, ------ January 1, 1997, subject to cancellation at any January 1 anniversary thereafter by either party giving ninety (90) days' prior written notice. In the event of cancellation the Company shall have the option to cancel on a cut-off basis or on a run-off basis. If run-off is chosen, the Reinsurers shall remain liable for their share of all policies in force hereunder at the effective date of cancellation until the natural expiration or prior cancellation of said policies at expiring terms, not to exceed twelve (12) months after the effective date of cancellation. The additional premium to reinsurers for run-off shall be the expired rate applied to the unearned premium in force at the time of cancellation. Should this Agreement terminate while a loss occurrence is in progress, the Reinsurers shall be liable for their share of all individual losses resulting from such loss occurrence whether any such individual losses take place before or after such termination. SEC:vs 1/20/97 1 REINSURANCE COVER NOTE Agreement No: 970038/39/40 CLASS: All in-force, new and renewal Property and Casualty ----- business written by the Company.
REINSURED. Medical Inter-Insurance Exchange of New Jersey Of: Two Princess Road Lawrenceville New Jersey TYPE: (1) Excess Cession Contract and (2) Excess Event Protection arising out Medical and Dental Practitioner Liability and Hospital and other Health Care Institution Professional Liability PERIOD: Effective January 1, 1999 covering on a risks attaching basis for BUSINESS COVERED, and continuous thereafter unless terminated. Either party may terminate this Agreement at December 31, 1999 or any December 31 thereafter within 90 days prior written notice. There shall be no return of unearned premium in respect of risks attaching during the TERM. REINSURERS shall receive their respective share of the net ceded premium in respect of risks attaching during the TERM. This Agreement will apply to policies written by the Company and incepting during the term of this Agreement subject to the maximum period any one policy not to exceed 36 months plus odd time. In respect of multi-year risks attaching to this agreement reinsurance coverage for the full period shall be provided by those Reinsurers to whom the original net ceded premium has been allocated regardless of whether agreement is terminated.
REINSURED. HOME STATE INSURANCE GROUP --------- HOME STATE INSURANCE COMPANY Red Bank, New Jersey QUAKER CITY INSURANCE COMPANY Trevose, Pennsylvania NEW YORK MERCHANT BAKERS INSURANCE COMPANY Binghamton, New York HOME MUTUAL INSURANCE COMPANY OF BINGHAMTON, NEW YORK Binghamton, New York PINNACLE INSURANCE COMPANY Carrollton, Georgia XXXXXXXXX INSURANCE COMPANY Wallingford, Connecticut (hereinafter referred to as the "Company") TYPE: BLACK AND SILVER CAR COMMERCIAL AUTOMOBILE LIABILITY QUOTA ---- SHARE REINSURANCE AGREEMENT PERIOD: Continuous from January 1, 1997 at 12:01 a.m., Eastern ------ Standard Time, subject to cancellation at any January 1 anniversary thereafter by either party giving ninety (90) days' prior written notice. In the event of cancellation, at the Company's option:
REINSURED. VUL IV Plus; VULIV Plus - ES o AUTOMATIC REINSURANCE PREMIUMS YRT reinsurance rates per $1000 net amount at risk are expressed in the following table as a percentage of the 2001 VBT ALB as modified by the Ceding Company to be attached to the treaty: ------------------------------------------------------------------------------------ Band l Band 2 ($50,000-$99,000) ($100,000+) ------------------------------------------------------------------------------------ Durations 1+ Durations 1+ ------------------------------------------------------------------------------------ [ages] [ages] [ages] [ages] ------------------------------------------------------------------------------------ Super Preferred NT [percentage] [percentage] [percentage] [percentage] ------------------------------------------------------------------------------------ Preferred NT [percentage] [percentage] [percentage] [percentage] ------------------------------------------------------------------------------------ Standard NT [percentage] [percentage] [percentage] [percentage] ------------------------------------------------------------------------------------ Preferred TB [percentage] [percentage] [percentage] [percentage] ------------------------------------------------------------------------------------ Standard TB [percentage] [percentage] [percentage] [percentage] ------------------------------------------------------------------------------------ Reinsurance premiums for substandard table ratings are an additional [percentage] per table of the base plan rates. Flat extra premiums are reinsured at the Ceding Company's flat extra premium rates: TERM OF FLAT EXTRA FIRST YEAR ALLOWANCE RENEWAL YEARS ALLOWANCE ------------------ -------------------- ----------------------- More than 5 Years [percentage] [percentage] 5 Years or Less [percentage] [percentage] o FACULTATIVE REINSURANCE PREMIUMS Facultative reinsurance premiums are the same as the automatic reinsurance premiums specified above.
REINSURED. The policy plans and supplemental benefits automatically and facultatively reinsured are: PLANS PLAN CODES ------------------------------------------------------------------------- Variable Universal Life - Single Life 1033.99 Variable Universal Life - Survivorship 1034.99 Primary Insured Term Rider Vel-93 1023-93 Select Life Select Inheritage Variable Inheritage
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REINSURED o AUTOMATIC REINSURANCE PREMIUMS YRT reinsurance rates per $1000 net amount at risk are expressed in the following table as a percentage of the 2001 VBT ALB as modified by the Ceding Company to be attached to the treaty: U/W CLASS YEARS 1 + --------------------------- ---------------- Super Preferred NS [percentage] Preferred Nonsmoker [percentage] Standard Nonsmoker [percentage] Preferred Smoker [percentage] Standard Smoker [percentage] Reinsurance premiums for substandard table ratings are an additional [percentage] per table of the base plan rates. Flat extra premiums are reinsured at the Ceding Company's flat extra premium rates: TERM OF FLAT EXTRA FIRST YEAR ALLOWANCE RENEWAL YEARS ALLOWANCE ------------------------ ----------------------- --------------------------- More than 5 Years [percentage] [percentage] 5 Years or Less [percentage] [percentage] o FACULTATIVE REINSURANCE PREMIUMS Facultative reinsurance premiums are the same as the automatic reinsurance premiums specified above.
REINSURED. REINSURER: By: /s/ Donaxx X. Xxxxxxxx By: /s/ H. Russxxx Xxxxxx ____________________________ _______________________________________ Donaxx X. Xxxxxxxx H. Russxxx Xxxxxx President and C.E.O. Chairman and C.E.O. REINSURANCE MEMORANDUM INDIVIDUAL RISK UNDER MASTER FACULTATIVE REINSURANCE AGREEMENT REINSURANCE MEMORANDUM NO. _____________________________________________________ ISSUER: ________________________________________________________________________ ISSUE: _________________________________________________________________________ ACA POLICY NUMBER: _____________________________________________________________ POLICY EFFECTIVE DATE: _________________________________________________________ TOTAL PRINCIPAL INSURED BY COMPANY: ____________________________________________ TOTAL PRINCIPAL CEDED TO REINSURER: ____________________________________________ FORM OF REINSURANCE: ________________________________________________________________________________ ________________________________________________________________________________ METHOD FOR ALLOCATING SUBROGATION RECOVERIES: ________________________________________________________________________________ ________________________________________________________________________________ SPECIFIC MATURITIES CEDED TO REINSURER (IF OTHER THAN PROPORTIONATE SHARE OF ENTIRE ISSUE IS CEDED): ________________________________________________________________________________ ________________________________________________________________________________ EFFECTIVE DATE OF REINSURANCE (IF DIFFERENT FROM POLICY EFFECTIVE DATE): ________________________________________________________________________________ ________________________________________________________________________________ DEVIATIONS FROM COVER PROVIDED BY COMPANY'S ORIGINAL POLICY: ________________________________________________________________________________ ________________________________________________________________________________ GROSS FACULTATIVE PREMIUM CEDED RATE: ________________________________________________________ AMOUNT: _____________________________________________________ CEDING COMMISSION AND OTHER COSTS RATE: ________________________________________________________________ AMOUNT: ______________________________________________________________ OTHER COSTS: _________________________________________________________ The cession evidenced by this Reinsurance Memorandum shall be subject to all the terms and conditions contained in that ...
REINSURED. The policy plans reinsured on a facultative basis only are: PLANS PLAN CODES ------------------------------------------------------------------------- Single Premium VUL 1030-96 Single Premium VUL - NY 1030-99 Individual VUL 1039-99 Group VUL 1037-99GRC Group VUL - NY 1029-94NY-R
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