New Reinsurance Agreements definition

New Reinsurance Agreements has the meaning set forth in the recitals.
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New Reinsurance Agreements means, collectively, (i) any new reinsurance agreement entered into by the Reinsurer referred to in clause (c) of the definition of “Reinsurer Existing Reinsurance Agreements”, (ii) any new reinsurance agreement entered into by the Reinsurer referred to in clause (c) of the definition of “Reinsurer Existing Reinsurance Agreements” in the HLAC Reinsurance Agreement and (iii) any new reinsurance agreement entered into by the Reinsurer referred to in clause (c) of the definition of “Reinsurer Existing Reinsurance Agreements” in the HLIC Reinsurance Agreement.
Sample 1

Examples of New Reinsurance Agreements in a sentence

  • To provide security for each of the New Reinsurance Agreements, RLMIS will enter into fixed and floating charges supported by collateral framework agreements (the “Security Arrangements”) with Royal London DAC.

  • As a result of the New Reinsurance Agreements, Royal London DAC is exposed to the financial position of RLMIS.

  • The initial premium for each of the New Reinsurance Agreements will be satisfied by the offset and retention of some of the assets that would otherwise have been transferred to Royal London DAC by RLMIS under the Scheme.

  • The New Reinsurance Agreements and Security Arrangements form an important part of the Transfer as they are being put in place to ensure that the Scheme does not result in the need to split the Royal Liver Sub-Fund or manage the German Bond Business in a way which is materially different to the current management of these policies.

  • This change does not alter the purpose or operation of the New Reinsurance Agreements and it is not, in my opinion, a material change.

  • Additionally, I am satisfied that the terms of the Scheme and the New Reinsurance Agreements provide appropriate protection to Royal London DAC, and hence to the RL Post-2011 Business, in the event of termination of the New Reinsurance Agreements.

  • This analysis is to demonstrate why the New Reinsurance Agreements and Security Arrangements are necessary.

  • If RLMIS and Royal London DAC cannot come to an agreement on the Bonus rates or principles, a dispute process, including the appointment of an independent actuarial expert to determine the matter in dispute, is provided for in the New Reinsurance Agreements.

  • I confirm that, overall, I am satisfied that the implementation of the proposed Scheme with the New Reinsurance Agreements and Security Arrangements will not have a material adverse effect on the security of benefits or future benefit expectations of the Transferring Policyholders, Remaining Policyholders or the Existing Policyholders.

  • Given that the changes to the Scheme, New Reinsurance Agreements and Security Arrangements are, in my opinion, not material I am satisfied that they do not have a material adverse effect on the interests of Existing Policyholders.

Related to New Reinsurance Agreements

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • Reinsurance Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers, as reinsurers, assume liabilities under insurance policies or agreements issued by another insurance or reinsurance company or companies.

  • Insurance Agreement means the insurance and indemnity agreement identified in the Adoption Annex.

  • Retrocession Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers or reinsurers, as retrocessionaires, assume liabilities of reinsurers under a Reinsurance Agreement or other retrocessionaires under another Retrocession Agreement.

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • 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.

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • VIE Agreements means the Exclusive Service Agreement, the Exclusive Call Option Agreement, the Shareholder Voting Rights Proxy Agreement and the Equity Pledge Agreement entered into by and among some or all of the Parties hereto on the same day this agreement is entered, including any supplemental agreements or amendments to such agreements, and any other agreements, contracts or legal documents executed or issued by one or more Parties and/or Party C’s affiliated enterprises from time to time to ensure the performance of the aforesaid agreements, signed or accepted by Party A in writing.

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee and the Commercial Loan Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent, the Hermes Agent and the Commercial Loan Agent and agreed on the signing of the Original Loan Agreement and as specified in paragraph 47 of Schedule 4;

  • Athlete Agreement means the agreement that must be completed by any Athlete wishing to be considered for nomination and selection to the Games Team in accordance with clause8.4 of the NZOC Nomination and Selection Regulation.

  • Labor peace agreement means an agreement between an entity and a

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • PJM Reliability Assurance Agreement means that certain Reliability Assurance Agreement Among Load Serving Entities in the PJM Region, on file with FERC as PJM Interconnection L.L.C. Rate Schedule FERC No. 44, and as amended from time to time thereafter. Schedule of Work:

  • Seller Agreements means the Sale and Servicing Agreement, the Purchase Agreement, the Trust Agreement, [the Insurance Agreement, the Indemnification Agreement] and this Agreement. The Notes are being purchased by the Underwriters named in Schedule 1 hereto, and the Underwriters are purchasing, severally, only the Notes set forth opposite their names in Schedule 1, except that the amounts purchased by the Underwriters may change in accordance with Section 10 of this Agreement. [Name of representative of underwriters] is acting as representative of the Underwriters and in such capacity, is hereinafter referred to as the "Representative." The offering of the Notes will be made by the Underwriters and the Companies understand that the Underwriters propose to make a public offering of the Notes for settlement on _____________, 20__ as the Underwriters deem advisable. The Certificate will be retained by the Seller. Defined terms used herein shall have their respective meanings as set forth in the Sale and Servicing Agreement.

  • CMPPA Agreement means the CMPPA Agreement between the SSA and CHHS.

  • Regulatory Services Agreement means the agreement between BSEF and the Regulatory Services Provider whereby the Regulatory Services Provider provides market surveillance and trade practice surveillance functions as well as other compliance related services to the SEF operated by BSEF.

  • Data Sharing Agreement A formal agreement that documents what data is being shared and how the data can be used between the Parties. ‘‘Data Sharing Code of Practice” the code of practice issued by the Information Commissioner in respect to the sharing of personal data.

  • Tax Protection Agreement means that certain Tax Protection Agreement dated as of the date hereof, by and among the REIT, the OP and the parties identified as a signatory on Schedule A thereto.

  • Customs Valuation Agreement means the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 contained in Annex 1A of the WTO Agreement;

  • Mutual aid agreement means an agreement between the City and a town or other city for the City’s fire department to provide assistance to the fire department of a town or other city.

  • Retention Agreements has the meaning set forth in Section 5.11(e).

  • Finance agreement means a loan, lease, or installment sale agreement for a motor vehicle. The term includes, but is not limited to, an installment sale contract, a retail installment contract, or a retail charge agreement.

  • Tax Indemnity Agreement means the Tax Indemnity Agreement, dated as of even date with the Participation Agreement, between Lessee and Owner Participant.