Underwriting Rules Sample Clauses
Underwriting Rules. The "Underwriting Rules" mean the Company's rules, rating classifications and rates governing the underwriting of its Designated Products. The Company shall have the sole right and discretion to establish and modify its Underwriting Rules from time to time.
Underwriting Rules. 2.1 The delegated underwriting authority is granted to [ ] strictly on the basis that it shall at all times comply with the [Underwriting Rules]. For the avoidance of doubt, [ ] shall only have authority to bind the Insurer to a [Policy] and issue a [Policy] that falls within the definition of [Policies] and which meets the [Underwriting Rules]. All risks which do not comply with the [Underwriting Rules] must be referred to the Insurer for consideration as to whether the risk is acceptable or not to the Insurer and the Insurer will advise [ ] in writing accordingly.
Underwriting Rules. 3 III. TERM, RENEWAL AND TERMINATION:.................................................................. 3 A. Initial Term........................................................................... 3 B. Renewal................................................................................ 3 * Indicates that material has been omitted and confidential treatment has been requested therefor. All such omitted material has been filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended.