Reinsurance Policy definition

Reinsurance Policy means a reinsurance policy in respect of a long-term policy;
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Reinsurance Policy means the reinsurance policy of ATI dated July 27, 2006, between a reinsurer and ATI acting as the primary insurer .
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Reinsurance Policy means each facultative and treaty inwards and outwards reinsurance policy entered into by the Seller acting through the Singapore Branch in connection with the Business before Completion; Relevant Date means the date which is three years prior to the date of execution of this agreement; Reserves means any reserve maintained by the Seller in relation to liabilities, whether for claims or otherwise, arising from the Insurance Policies; Retained Business means any business activities, operations, assets, rights, obligations or liabilities of any member of the Seller’s Group (including the Excluded Assets, the Excluded Contracts and the Excluded Liabilities) other than the Business; RSA Marks means the RSA Name and any associated logos, devices (including the “RSA wheel in motion”) or get-up and any other xxxx owned by any member of the Seller’s Group and any right, title or interest in or to the foregoing; RSA Name means the names RSA, Royal & Sun Alliance or any words that include those words or are confusingly similar thereto; Rules has the meaning given in clause 28.3(a); Scheme means the scheme of transfer in the Agreed Form as set out in Schedule 11 (subject to, any modification, addition or condition which may be agreed by the Seller and the Purchaser or approved or required by the MAS or the Singapore Court) to be filed or lodged pursuant to and/or under section 49FB of the Singapore Insurance Act (Cap. 142) for the transfer of the Scheme Assets and Liabilities by the Seller to the Purchaser; Scheme Assets and Liabilities means those Assets and Assumed Liabilities which are capable of being transferred under Division 1 of Part IIIAA of the Singapore Insurance Act (Cap. 142);
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Examples of Reinsurance Policy in a sentence

  • The exposure is reduced as the counterparties are diversified and also the credit default risk is managed by ensuring a general minimum credit rating of A or greater, as documented in the Company’s Reinsurance Policy.

  • Refer to the AMPM Policy 310-DD and the AHCCCS Reinsurance Policy Manual.

  • All Option 1 and Option 2 transplants are subject to the terms regarding out of State transplants set forth above and in the AHCCCS Reinsurance Policy Manual.

  • ReinsuranceAchmea has a Reinsurance Policy in which all responsibilities with regard to the reinsurance process are laid down.

  • If the Council determines that such judgment does not relate to liability under an American Reinsurance Policy, the Council shall notify the Trustee of such determination 10 days prior to the expiration of the period described in Paragraph 2.3(e) whereupon the Trustee shall notify the Domiciliary Commissioner of such determination by the Council.

  • The Domiciliary Commissioner shall thereupon determine and notify the Council and the Trustee whether such judgment relates to liability under an American Reinsurance Policy and its determination shall be conclusive and binding upon all parties.

  • Such written notice submitted to the Trustee pursuant to subparagraph (a) or (b) hereof shall include a list of all states in which the Underwriter has outstanding U.S. Liabilities with respect to an American Reinsurance Policy.

  • To limit and control credit risk associated with ceded reinsurance, the Reinsurance Policy sets requirements for reinsurers’ minimum credit ratings and the maximum exposure to individual reinsurers.

  • If the Council does not furnish such advice to the Trustee 10 days prior to the expiration of the period described in Paragraph 2.3(e), then such judgment shall be deemed to relate to liability under an American Reinsurance Policy.

  • The credit risk related to reinsurance assets (reinsurance counterparty risk) is covered by the Reinsurance Policy.


More Definitions of Reinsurance Policy

Reinsurance Policy means an insurance policy issued by an insurance company authorized to do business in the United States and having a Best Financial rating of A or better which is obtained by Borrower and maintained by its Bermuda based Captive Insurance Company, Xxxxxx Investment Reinsurance Co., Ltd. The policy shall provide for named windstorm excess of loss coverage terms with a minimum of $10,000,000 in per occurrence limits and a maximum deductible or self insured retention of $2,500,000.
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Reinsurance Policy means each facultative and treaty inwards and outwards reinsurance policy entered into by the Seller acting through the Hong Kong Branch in connection with the Business before Completion; Relevant Date means the date which is three years prior to the date of execution of this agreement;
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Related to Reinsurance Policy

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Bond Insurance Policy means the municipal bond new issue insurance policy issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds.

  • Blanket insurance policy means a group policy covering a defined class of

  • 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;

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Reimbursement insurance policy means a policy of insurance

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Company Insurance Policies has the meaning set forth in Section 3.14.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Required Insurance Policy With respect to any Mortgage Loan, any insurance policy that is required to be maintained from time to time under this Agreement.

  • Certificate Insurance Policy The Certificate Guaranty Insurance Policy No. AB1094BE, dated the Closing Date, including any endorsements thereto issued by the Certificate Insurer to the Trustee for the benefit of the Holders of the Insured Certificates, a form of which is attached as Exhibit L hereto.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Title Insurance Policies means, with respect to each Individual Property, an ALTA mortgagee title insurance policy in a form acceptable to Lender (or, if an Individual Property is in a State which does not permit the issuance of such ALTA policy, such form as shall be permitted in such State and acceptable to Lender) issued with respect to such Individual Property and insuring the lien of the Mortgage encumbering such Individual Property.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • 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.

  • R&W Policy means any buyer-side representations and warranties insurance policy purchased by a Buyer or an Affiliate thereof in connection with this Agreement on or before the Closing Date.

  • 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 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.