Common use of Retrocession Agreements Clause in Contracts

Retrocession Agreements. Any agreement, treaty, certificate or other arrangement whereby the Borrower or any other Insurance Subsidiary cedes to another insurer all or part of the Borrower’s or such Insurance Subsidiary’s liability under a policy or policies of insurance reinsured by the Borrower or such Insurance Subsidiary.

Retrocession Agreements. Any agreement, treaty, certificate or other arrangement whereby the Borrower or any other Insurance Subsidiary cedes to another insurer all or part of the Borrower’s 's or such Insurance Subsidiary’s 's liability under a policy or policies of insurance reinsured by the Borrower or such Insurance Subsidiary.