Affiliated Insurers definition

Affiliated Insurers means, collectively, Affiliated Life Insurers and Affiliated P&C Insurers.
Affiliated Insurers means insurers that are owned by a common entity or share common control. (§ 83-34-9(1))
Affiliated Insurers. Direct and any other property, casualty insurance company wholly owned, directly or indirectly, by the Company.

Examples of Affiliated Insurers in a sentence

  • Affiliated insurers who utilize the same SIU unit may recover the portion of their “Allocated Costs” for their SIU expenses attributable to investigations of claims made on the line of insurance in the rate application only in one approved rate application for the line affected by the Allocated SIU costs.


More Definitions of Affiliated Insurers

Affiliated Insurers shall have the meaning ascribed thereto in the Loan Agreement.

Related to Affiliated Insurers

  • Controlled insurer means a licensed insurer that is either directly or indirectly

  • Affiliates means, with respect to any Person, any other Person that, directly or indirectly, controls, or is controlled by, or is under common control with, such Person. As used in this definition, “control” (including, with its correlative meanings, “controlled by” and “under common control with”) shall mean the possession, directly or indirectly, of the power to direct or cause the direction of management or policies of a Person, whether through the ownership of securities or partnership or other ownership interests, by contract or otherwise.

  • Admitted insurer or "authorized insurer" means an insurer:

  • Affiliated Company means any company controlled by, controlling or under common control with the Company.

  • Directors means the directors for the time being of the Company.

  • Employees Stock Option” means the option given to the directors, officers or employees of a company or of its holding company or subsidiary company or companies, if any, which gives such directors, officers or employees, the benefit or right to purchase, or to subscribe for, the shares of the company at a future date at a pre-determined price.

  • Alien insurer means an insurer domiciled outside the United States.

  • Affiliated has a correlative meaning.

  • Officers Certificate” means a certificate signed on behalf of the Company by two Officers of the Company, one of whom must be the principal executive officer, the principal financial officer, the treasurer or the principal accounting officer of the Company, that meets the requirements of Section 12.05 hereof.