Ceding Company definition

Ceding Company has the meaning set forth in the preamble.
Ceding Company shall have the meaning specified in the Preamble hereto.
Ceding Company shall have the meaning set forth in Section 2.01. [REDACTED]

Examples of Ceding Company in a sentence

  • Upon the occurrence of a Reinsurer Termination Event, the Reinsurer shall have the right (but not the obligation) to terminate this Agreement by providing written notice of its intent to terminate to the Ceding Company.

  • The Ceding Company is a corporation duly organized and validly existing under the Laws of the State of Michigan and it has the requisite corporate power and authority to enter into and perform its obligations under this Agreement.

  • Neither the Ceding Company nor the Reinsurer shall be required to take any action under this Agreement that would result in it being in violation of any OFAC Laws, including making any payments in violation of OFAC Laws.

  • The balance only, if any, shall be payable by the Ceding Company to the Reinsurer at the expiry of all liability under this Agreement.

  • The Ceding Company shall be responsible for the maintenance of the Hedging Program, including all Hedge Administration.


More Definitions of Ceding Company

Ceding Company s share and REINSURER's share of Specified Amount after an increase will be the same as their respective shares before the increase, except CEDING COMPANY will not retain an amount more than the per policy Retention Limit shown in Schedule A. If an increase in Specified Amount occurs on a date other than the policy anniversary, a pro-rata reinsurance premium will be paid to REINSURER. The reinsurance premium rates will be based on the original issue age, duration since issuance of the original policy and the most recent underwriting classification.
Ceding Company means West Coast Life Insurance Company and its successors and assigns.
Ceding Company. The Guardian Insurance and Annuity Company, Inc. Reinsurer: The Guardian Life Insurance Company of America Policy Exhibit for ____________, 19__ ---------------------------------Current Period--------------------------------- Number Amount of Policies of Reinsurance ----------- -------------- In-force Beg. of Period Paid For Revivals Other Increases Total Increases Deaths Recaptures Expiries Lapses Other Decreases Total Decreases In-Force End of Period ----------------------------------Year-to-Date---------------------------------- Number Amount of Policies of Reinsurance ----------- -------------- In-force Beg. of Year Paid For Revivals Other Increases Total Increases Deaths Recaptures Expiries Lapses Other Decreases Total Decreases In-Force End of Year EXHIBIT E - 4
Ceding Company. REINSURER: ______________________________________________________________ ACCOUNT NO: ______________________________________________________________ PREPARED BY: __________________________________ Phone:( )_____________ DATE PREPARED: ______________________________________________________________ TYPE OF REINSURANCE: Yearly Renewable Term ____________________________________ Coinsurance ____________________________________ Modified Coinsurance ____________________________________ Other ____________________________________ VALUATION DATE: __________________________ NUMBER OF AMOUNT OF POLICIES REINSURANCE In Force Beginning of Period ___ /___/___ __________________ __________________ B. New Paid Reinsurance Ceded __________________ __________________ C. Reinstatements __________________ __________________ D. Revivals __________________ __________________ E. Increases (Net) __________________ __________________ F. Conversion In __________________ __________________ G. Transfers In __________________ __________________ H. Total Increases (B - G) __________________ __________________ I. Deaths __________________ __________________ J. Maturities __________________ __________________ K. Cancellations __________________ __________________ L. Expiries __________________ __________________ M. Surrenders __________________ __________________ N. Lapses __________________ __________________ O. Recaptures __________________ __________________ P. Other Decreases (Net) __________________ __________________ Q. Reductions __________________ __________________ R. Conversions Out __________________ __________________ S. Transfers Out __________________ __________________ T. Total Decreases (I - S) __________________ __________________ U. Current In Force ___/___/___ __________________ __________________ (A + H - T) SCHEDULE C, CONTINUED SAMPLE RESERVE CREDIT SUMMARY
Ceding Company. ▇▇▇▇ ▇▇▇▇▇▇▇ Life Insurance Company (U.S.A.) ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Corporate Secretary
Ceding Company shall have the meaning set forth in the preamble.
Ceding Company means the insurer ceding business to the special purpose insurance captive under the special purpose insurance captive contract.