Insurance Contracts definition

Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

Insurance Contracts means all contracts and policies of insurance and re-insurance maintained or required to be maintained by or on behalf of any Grantor under the Loan Documents.

Insurance Contracts means the insurance contracts or policies described in Schedule 4 to the Mortgage Sale Agreement and any other additional, substitute or replacement insurance contract or policy arranged by the Seller from time to time relating to the Mortgage Loans in the Mortgages Trust;

Examples of Insurance Contracts in a sentence

• The Group has adopted AASB 17 Insurance Contracts and has restated the comparative periods.

• Such Insurance Contracts are valid and binding in accordance with their terms, are in full force and effect, are in amounts sufficient for all requirements of Law and contracts to which the Company is a party or by which it is bound, and the Insurance Contracts will continue in effect after the Closing Date.

• The Group has adopted International Financial Reporting Standard No.17 Insurance Contracts (“IFRS 17”) as issued by the International Accounting Standards Board (“IASB”) with the initial application date 1 January 2023, which resulted in the restatement of the comparative figures for the previous period starting from 1 January 2022 in accordance with the transitional provisions of IFRS 17.

• IFRS 17 replaces an interim Standard – IFRS 4 Insurance Contracts – from annual reporting periods beginning on or after January 1, 2023.

• There are no claims by the Company pending under any of such Insurance Contracts as to which coverage has been questioned, denied or disputed by the underwriters of such Insurance Contracts or in respect of which such underwriters have reserved their rights.

More Definitions of Insurance Contracts

Insurance Contracts has the meaning set forth in Section 3.19(c).

Insurance Contracts means the contracts of insurance specified in Schedule 1 to the extent therein specified.

Insurance Contracts shall have the meaning provided in Section 7.16.

Insurance Contracts means the insurance policies effected by the Mortgage Borrowers or of which the Mortgage Borrowers become beneficiaries from time to time in relation to any Loan in accordance with the terms of the Mortgage Conditions;

Insurance Contracts means the insurance contracts specified in Schedule 2 (Insurances);

Insurance Contracts means all Contracts, treaties, policies or other written arrangements to which any of the Company's Subsidiaries is a party or by or to which any of them is bound or subject providing for insurance, ceding or assumptions of reinsurance, excess insurance or retrocessions, including, without limitation, all insurance policies, reinsurance policies, and retrocession agreements, in each case as such Contract, treaty, policy or other written arrangement may have been amended, modified or supplemented, other than the Company Insurance Policies.

Insurance Contracts means all insurance contracts, policies, certificates, binders, slips, covers or other agreements of insurance, including all supplements, riders and endorsements issued or written in connection therewith and extensions thereto, whether or not in-force, issued, renewed, or written by or on behalf of any Company prior to the Effective Time (other than the New Policies reinsured under the Commercial Lines QSA or the Personal Lines QSA).